Phil King - Don't get too bullish too early

Core Fund Manager and Founding Supporter of Hearts and Minds, Phil King chats to David Clark on "Inside the Rope". In this podcast episode, part of Inside the Rope's COVID-19 Special Episodes, Phil King of Regal Funds Management discusses investing in the current environment and the importance of constantly asking yourself "Is my thesis still valid?", and as we have seen, COVID-19 has largely disrupted everyone's thesis.

Despite the recent bounce in markets, Phil thinks that it will be a while before we see the true bull market return, however, he highlights the opportunities presenting themselves in the small to mid-cap space of Australian equities compared to the traditional high yielding value traps that many Australians have typically favoured.

Regal Small Companies fund has returned 18.4% p.a. (as at April 2020) since inception (Feb 2015).

 

Listen to the podcast episode below: