The global plumbing industry is being disrupted by ‘push to connect’ components which provide a more efficient solution than the traditional soldering process. We showcase how portfolio holding Reliance Worldwide Corporation (ASX:RWC) is taking advantage of this structural tailwind and why we expect further market gains.
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While the ASX reporting season indicated an increasingly sluggish domestic economy, businesses exposed to higher growth offshore markets have flourished.
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Both Ophir Funds delivered strong returns in January, as global equity markets embraced a more accomodative Fed and benign corporate earnings season in the US.
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Trading under the ASX code “OPH”, the Fund will be the second-largest listed small/mid cap investment vehicle available on the ASX.
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