Salter Brothers Emerging Companies Limited (ASX: SB2) reported a Net Tangible Asset Value per share of $0.971 as of 31 March 2024, with the share price at a 29.97% discount to post-tax NTA, and a portfolio performance showing a monthly return of -3.85%, reflecting volatility in the small cap market despite strong fundamental results from key companies.
The portfolio is heavily invested in industrials, healthcare, and information technology sectors, with significant contributors and detractors identified for March 2024, and a focus on capital preservation and long-term capital growth, expecting more than 80% valuation upside over two years.
ASX Code: SB2