Latest Value Investing News

Savana US Small Caps Active ETF (ASX:SVNP) fell 7.65% in September, trailing the S&P SmallCap 600 by 4.92 percentage points as higher US bond yields and a concentrated AI rally split the market. The manager says its valuation discipline kept it away from the month’s strongest semiconductor performers, while highlighting a 52% gain from its Everforth investment.

Pacific Current Group finished FY2026 with no financial debt, A$158 million in cash and a strategic review that could lead to a transaction, a sale or delisting. The balance-sheet repair came alongside lower underlying earnings, a statutory loss and a sharp decline in Victory Park valuations.

Ellerston Asia Growth Fund Complex ETF (ASX: EAFZ) returned 38.4% after fees for the year ended 30 June 2026, beating its Asian equities benchmark by 2.6 percentage points. Profit more than doubled to $12.49 million, although the result was driven chiefly by investment revaluations and came alongside continued net redemptions.

Ten Cap Alpha Plus Fund swung to a $53.5 million operating loss in FY2026 as every unit class lagged the S&P/ASX 200 benchmark. Net assets fell to $1.38 billion, while its new TCAP active ETF completed its first partial year on the ASX.

High Peak Royalties reported a A$1.59 million FY26 profit after completing its Northstar transaction, which generated a A$1.90 million accounting gain. The underlying royalty business was softer, with royalty revenue and operating cash flow both declining year on year.

Global X ROBO Global Robotics and Automation ETF delivered a sharply higher annual profit, powered by fair-value gains across its robotics portfolio. But the fund disclosed that its net asset value has since fallen by more than 10%, leaving investors with a strong reported year and a materially weaker latest position.

Global X US Infrastructure Development ETF delivered a sharp rise in annual profit and nearly doubled its asset base, but disclosed that its net asset value has since fallen more than 10%. The filing leaves the size and drivers of that post-year-end decline unspecified.

Global X Defence Tech ETF reported a $13.84 million loss for the year ended 30 June 2026, reversing a $7.50 million profit a year earlier. The result was driven by $14.48 million in net losses on investments and foreign exchange, even as investor applications lifted net assets to $112.56 million.

Global X China Tech ETF reported an AUD15.727 million profit for the year ended 30 June 2026, powered by gains in listed Chinese technology investments. But the fund disclosed that its net asset value has since fallen by more than 10%, leaving the audited result looking increasingly historical.

Global X Battery Tech & Lithium ETF delivered a sharply higher profit for the year ended 30 June 2026, driven by large fair-value gains across its listed equity portfolio. But the fund says its net asset value has since fallen by more than 10% as underlying battery and lithium investments weakened.

First Sentier Active Cash Fund reported a 56.9% rise in operating profit to $29.1 million for the year ended 30 June 2026, while net assets nearly doubled to $964.1 million. The fund also began trading on the ASX as FSCF during the year, but distributions per unit fell to 4.10 cents from 4.41 cents.

JPMorgan Global Select Equity Fund reported A$39.1 million in operating profit for the year ended 30 June 2026, with net assets rising to A$578.3 million. The result includes fair value gains and comes with a concentrated portfolio, with 100% of fair value investments tied to the underlying JPMorgan Global Select Equity ETF.