Cadence Capital Limited (CDM) is a Listed Investment Company (LIC) that focuses on building a diversified portfolio to achieve above-market risk-adjusted returns over time. The Company primarily invests in securities listed on the Australian Securities Exchange (ASX) but may also consider international equities that offer compelling opportunities. To manage risk and potentially enhance returns, CDM's investment strategy allows for taking short positions in specific securities and utilizing derivatives for hedging purposes. This flexibility allows the company to navigate market fluctuations and potentially outperform the broader market.