Tyndall's current byword is 'caution' 

Tyndall's current byword is 'caution'

Nov 04, 2012 (Menafn - The Australian Financial Review - ABIX via COMTEX) --Australian fund management industry stalwart Bob Van Munster, head of domestic equities at Tyndall, says the past half-decade has been the most volatile of his career. He argues that despite bargain prices, many cyclical stocks cannot be recommended, as they face structural change such as that in the media sector. Van Munster also sees an upside to the recent decline in iron ore and coal prices. Among the stocks selected by Tyndall at present are News Corporation and Downer EDI. The return for 2012 so far by the Tyndall Australian Wholesale Fund is 15.38%.

Publication Date: 5 November 2012

TYNDALL AUSTRALIA LIMITED
TYNDALL AUSTRALIAN SHARE WHOLESALE PORTFOLIO
DOWNER EDI LIMITED - ASX DOW
NEWS CORPORATION - ASX NWS
LEHMAN BROTHERS INCORPORATED
APN NEWS AND MEDIA LIMITED - ASX APN
BILLABONG INTERNATIONAL LIMITED - ASX BBG
BHP BILLITON LIMITED - ASX BHP
RIO TINTO LIMITED - ASX RIO
MACQUARIE GROUP LIMITED - ASX MQG
INSURANCE AUSTRALIA GROUP LIMITED - ASX IAG
STANDARD AND POOR'S ASX 200 INDEX

Copyright 2012 LexisNexis Australia. All Rights Reserved.