September 2024 investor newsletter
Dear Investor
Gyrostat has continued to deliver strong returns and income with lower risk.
We aim to pay income quarterly: for Class A at a rate of 3% above the BBSW3M (bank bill 90 day) rate (7.45% pa for quarter ending September 2024), and for Class B 6% above the BBSW3M rate (10.45% pa for the quarter ending September 2024).
For the September quarter, returns exceeded our benchmarks resulting in capital growth and income, whilst always hedging equity market risk.
We anticipate more volatile market conditions and believe we are well positioned to achieve our objectives