HFL - Results for the half-year ended 28 February 2022

The Company has published its unaudited results for the half year ended 28 February 2022. See the attached pdf for the details.

Performance for the six months to 28 February 2022 was mixed, with NAV total return performance negative 0.1%, which was markedly better than the FTSE World Asia Pacific ex Japan Index of negative 6.3%, but behind the MSCI AC Asia Pacific ex Japan High Dividend Yield Index of 3.1%.  This reflected the rotation from growth to value, alongside the portfolio’s increased allocation to the financials, materials and energy sectors.  The underperformance of the high yield index was predominantly down to the oversized weighting of BHP following the consolidation of the UK stock line into the Australian listing. 

Announcement

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Spark Finance extends standby facility
AIA - Auckland Airport considers retail bond offer
VGL - 2024 Shaw & Partners Tech Conference Presentation
April 29th Morning Report
EBOS announces appointment of new Chief Financial Officer
AM Best affirms Tower Limited's A- (Excellent) FSR
MCK enters into conditional agreement for Whangarei land
April 26th Morning Report
SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness