The Denning Pryce Equity Income Fund lost -3.02% in February, and is down -22.95% for the last 6 months.
Small gains in consumer staples and energy short equity positions were offset by significant losses in long positions in industrials (-1.46%), REITs (-0.67%) and financials ex-property (-0.36%). The Fund however still outperformed its benchmark, the S&P/ASX 50 Accumulation Index, which was down -4.01% in February and lost -30.37% in the past 6 months.
