Dunedin hit by volatility

By James Thorneley Dunedin Smaller Companies trust performance has been adversely affected by short term volatility, although its low risk strategy has protected it somewhat from the downturn in the markets. Over one, three and five-year periods the trust's NAV has outperformed the FTSE SmallCap index, but over three months it has fallen short of beating its benchmark. Its diversified portfolio has limited the downside affect of the correction in tech stocks, but the trust has still suffered from the recent re-balancing of the indices. During the five years to 9 June the trust's NA...