Our portfolio fell in value by 3.8% over February. It had to happen eventually. Some of this decline was retraced in March, with a rise in value of 2.3% Still, so far this financial year our shares are up 15.1%. over that period the All Ordinaries Index was down 5.5%.
The value of our shares was down 3.2% over January. This is the first decline for some months, but is a significant improvement on the falls recorded by markets generally. August Investments shares have increased in value by 16.9% over the last seven months. Each shares is valued at $314.40.
Based on a preliminary valuation at the end of December, our shares are up 4.2% for the month and 20.7% for the half year. The ASX All Ordinaries is up 2.4% over December and down 2% for the half year. The green investments have performed exceptionally, but it should be… read more →
Dividend reinvestment shares have been issued at $310 per share. This is a slight discount to the current new share issue price of $315 and about the same as the current per share asset value. Statements will be sent to Shareholders on Monday.
The value of our portfolio continues to rise, but especially that part invested in green and renewable energy investments. During November the portfolio rose in value by 3.9%; 15.9% since June 2015. Over the same times the general market (ASX All Ords) is down 1.3% and 4.3% respectively. August Investments… read more →
In the first four months of this financial year our shareholder value has increased by 11.9%, with shares now valued over $300. In the same period the ASX All Ords is down marginally. Our holding in Blackmores (see previous post) is partly responsible, but green investments overall have performed well.… read more →
We have a problem keeping equity investments below 70% to maintain a balanced fund. Each time we sell down something, the remaining equities in the portfolio grow even bigger. Since early May we have reluctantly sold some of our holdings in TNE, CWE, TGR, MNF, and MYT. Plus all of… read more →
We have now gone live with our own Twitter account @augustinvest. This will mainly be used to flag August Investments news posts. My own Twitter account @DamienLynch55 will continue to operate for general discussion around green and ethical investments, climate, society, economics, philosophy, spirituality, poetry, ….. You get the idea.… read more →
Eco Investor editor Victor Bivell interviews our managing director, Damien Lynch, in a wide ranging video about the environmental and ethical investment sectors in Australia. The interview been added to our About Us page.
Thank you to those Shareholders who shared their thoughts about extending our horizons and investing outside Australia and our immediate neighbourhood. The responses were varied. Overall, no clear direction emerged, with opinions ranging from moderately against to strongly in favour of investing overseas. However, most respondents agreed that such investment… read more →