Cadence Opportunities Fund Ltd. (AU:CDO) has released an update.
Cadence Opportunities Fund outperformed the All Ordinaries Accumulation Index in October with a 1.8% return, driven by strong performances from gold mining stocks like Resolute Mining and Westgold Resources amidst rising gold prices. The fund announced a fully franked year-end dividend, reflecting a 7.8% yield, and continues to maintain a robust profit reserve for future dividends. Investors are invited to the upcoming AGM and Investor Briefing, with online facilities available for those unable to attend in person.
For further insights into AU:CDO stock, check out TipRanks’ Stock Analysis page.
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