2025 January NorthStar Monthly Report
We are pleased to share our January 2025 report for the NorthStar Impact Australian Equities Fund. The Fund returned -0.6% for the month, bringing the one-year return to 21.2%, compared to 13.6% return for the ASX/S&P Small Industrials Index.
Top contributors to performance included Critica, Dimerix, Halma, Aspen Group, and Neuren. The market had a strong January on expectations of interest rate cuts, as inflation continues to trend down, led by consumer discretionary and technology stocks.
Read the full monthly report here.