Level 1, 103-113 Spence Street, Cairns QLD 4870

General News


Christmas closure dates

28
Nov 2018

Our office will be closed from midday Friday 21st December 2018 and re-open Monday 7th January 2019. From all the team at Fiducia, we wish you a Merry Christmas and a Happy New Year. May your holiday season and the new year be filled with much joy, happiness and success. We look forward to speaking […]

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20 lessons in 20 years – Part 14

28
Nov 2018

The power and benefits of compounding over time in equity portfolios By Anton Tagliaferro and Michael O’Neill |  21 November 2018   Most people are familiar with the concept of compound interest when it comes to term deposits where one can earn interest on interest by continuing to roll over a term deposit several times. However, […]

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20 lessons in 20 years – Part 13

16
Nov 2018

Good quality REITs can add income and relative stability to investors’ portfolios By Anton Tagliaferro and Nigel Hale |  15 November 2018 The Real Estate Investment Trust (REIT) sector – previously called the Listed Property Trust sector – has always been a popular sector with Australian retail investors and currently comprises 7% of the S&P/ASX 300 […]

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20 lessons in 20 years – Part 12

16
Nov 2018

Always use the appropriate valuation tool By Michael O’Neill and Anton Tagliaferro |  06 November 2018   As a value manager buying companies at a reasonable price is one of the most important aspects of IML’s approach to investing. There is no single valuation method that fits all sectors and companies and there are many valuations […]

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20 lessons in 20 years – Part 11

6
Nov 2018

The lowest PE stocks are not always the most attractive By Anton Tagliaferro and Michael O’Neill |  26 October 2018 IML’s philosophy has always been to buy stocks with competitive advantage, recurring earnings, capable management at a reasonable price. There are several methods that can be used by investors to assess the attractiveness a company’s share […]

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GFC 10 years on: Time & Patience

30
Oct 2018

OUTSIDE THE FLAGS By Jim Parker, Vice President, Dimensional Fund Advisors October 2018 In Leo Tolstoy’s great novel ‘War and Peace’, a Russian general charged with defeating Napolean and expelling the French from Russian soil argued against rushing into battle, saying the strongest of all warriors were “time and patience”. It’s an observation worth recalling as the […]

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20 lessons in 20 years – Part 10

24
Oct 2018

Don’t overconcentrate your portfolio in bank shares By Michael O’Neill |  19 October 2018 Many Australian investors have long been able to sleep comfortably at night owning large holdings in “blue-chip” Australian bank stocks which have delivered high fully franked dividends and share price appreciation over many years. While Australian bank shares have done well for […]

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Market downturns, like this one, are to be expected

18
Oct 2018

16 October 2018 | Markets and economy It’s been awhile since there’s been a drop in the markets as sharp, broad and sudden as last week’s. A recap of where we stand US markets fell 3.1% (as measured by the Standard and Poor’s 500 Index), on Wednesday, followed by greater declines in Asia. The impact […]

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3 things you should never do when the stock market tanks

16
Oct 2018

In light of the recent volatility in both our domestic market and markets around the world, the following article that appeared on CNBC is worth a read by anyone with exposure to sharemarkets. As we keep saying, we can’t control markets, but by investing in good quality profitable businesses we can mitigate risk of loss over […]

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20 lessons in 20 years – Part 9

15
Oct 2018

Companies with recurring earnings provide more consistent returns over the longer term By Daniel Moore and Anton Tagliaferro |  12 October 2018 One of the key attributes that IML has sought in companies when investing in the Australian sharemarket since our inception in 1998 is to look for companies that will generate reliable, predictable earnings over […]

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