Latest Cadence Opportunities Fund (ASX:CDO) News

Small-cap resources led the week, while takeover offers and defence contracts added support across the market.
Investors still had to weigh approvals, cash needs and project delivery against strong headline results.

Listed funds led the week as Cadence and Pengana gained, while Infratil fell despite raising its earnings outlook. AI infrastructure, bank consolidation and new fund structures gave investors plenty to weigh.

Cadence Opportunities Fund Limited (ASX:CDO) delivered a record $5.66 million after-tax profit and a 30.3% fund return in FY2026. The listed investment company is entering the new year with elevated cash, reduced gold exposure and a discounted share purchase plan underway.

Results season delivered strong dividend news and several large capital raisings, but share prices often moved lower despite better operating figures.
Praemium led the falls after a sharp gap lower, while micro-cap losses, new share issues and portfolio write-downs kept investors cautious.

Cadence Opportunities Fund Limited (ASX: CDO) has launched a Share Purchase Plan allowing eligible shareholders to buy up to $30,000 of shares at $2.21 each, a 3.5% discount to the closing price on 28 August 2026. Participants will receive upcoming fully franked dividends, with the offer closing on 17 September.

Cadence Opportunities Fund (ASX: CDO) is offering eligible shareholders a chance to buy up to $30,000 of shares at a 3.5% discount to market price, following a 30.3% portfolio gain for FY26 and a 41% total shareholder return.

Takeover bids sent EQT Holdings sharply higher, while Ovanti collapsed after leaving the buy now, pay later market. Strong results from lenders and fund managers were offset by steep falls in several stocks.

Investors also weighed dividends, buy-backs, cost cuts and regulatory risks across a busy week of company news.

Cadence Opportunities Fund delivered a standout FY26 with profit after tax soaring 279% to $5.66 million and a 30.3% fund return, prompting a fully franked final dividend and a special payout.

Takeover interest sent FleetPartners sharply higher, while major banks and insurers faced broad selling despite solid earnings and generous shareholder returns.
Dividend changes, buy-backs and capital raisings also shaped a mixed week for Australian financial stocks.

Cadence Opportunities Fund fell 2.3% in July, lagging the All Ordinaries index, but delivered a robust 26.6% gain over the past year and declared fully franked dividends yielding up to 7.4%.

AMP led the week after lifting its profit outlook, while IAM jumped on record turnover and L1 Group slid despite strong funds growth. Across the sector, investors rewarded cash returns, deal progress and fresh guidance, but they were less forgiving where outflows or one-off costs stayed in view.

Cadence Opportunities Fund (ASX:CDO) has announced a fully franked final dividend of 7.5 cents per share and a special dividend of 2 cents following a 30.3% return for FY26, boosting its yield to 6.5%.