QAV Weekly Update 2022-11-15

by | Nov 15, 2022 | Blog | 2 comments

Hel­lo QAVvers

It’s Tues­day again and time for my week­ly update.

The AORD bounced last Fri­day, on the strength of bet­ter-than-expect­ed USA infla­tion num­bers and, per­haps, the belief that the GOP will con­trol the House and that will be good for the US econ­o­my. 

Let’s have a look at the port­fo­lio and what we have to buy this week.

QAV PORTFOLIO REPORT

INCEPTION (02/09/2019) REPORT 

A strong week on the AORD was­n’t as kind to coal stocks, so our per­for­mance saw a small decline in the last week.

UPDATE: 2022-11-15 03:42 pm

Thanks to lis­ten­er Alex who point­ed out that the Navexa chart we usu­al­ly use does­n’t, in fact, show the STW’s total return, only its cap­i­tal return! How­ev­er there *is* a chart where we can see the total return: 

So, we’re UP 14.65% vs the bench­mark which is UP about 7.1%. That makes WAY more sense. Thanks again, Alex! 

You can always check out the live ver­sion of the port­fo­lio chart here (but it shows only the cap­i­tal return for STW). We’ll talk to Navexa about fix­ing their main chart. 

Here are how the stocks have per­formed in the last 30 days:

RECENT TRADES

In the last week we sold WHC and added BFG.

STOCKS OF THE WEEK

You can check out our analy­sis of some stocks we’ve added to our Light port­fo­lios this week here and here. 

** As always, please check our work, DYOR, and con­sult a finan­cial advi­sor before mak­ing any invest­ing deci­sions.

BUY LIST

Each week we pro­duce a buy list that we share with our mem­bers.

THIS SECTION CONTAINS CONTENT WHICH IS VISIBLE TO QAV CLUB SUBSCRIBERS ONLY.

QAV 544 — Follow The Recipe 

Detailed high­lights of the episode:

THIS SECTION CONTAINS CONTENT WHICH IS VISIBLE TO QAV CLUB SUBSCRIBERS ONLY.

Full tran­script.

DISCLOSURE

In the inter­est of full dis­clo­sure, we would like to advise that as of the date of this email, the QAV team cur­rent­ly hold these stocks:

ALO AMP BPT CGF IGL JHG MQG NAB NHC NWH QAN QBE VEA WAM WDS WHC XTE S32 PRU

If you’re inter­est­ed in learn­ing more, please review our trad­ing and dis­clo­sure pol­i­cy.

That’s it for today! 

QAV A GOOD WEEK. 

Got a ques­tion? 
[email protected]

2 Comments

  1. Alex
    Alex on 2022-11-15 at 3:22 pm

    Thanks for the pod­cast.

    In rela­tion to the ongo­ing con­fu­sion about port­fo­lio bench­mark­ing and per­for­mance track­ing; it seems to me that the graph in Navexa is only track­ing the cap­i­tal return of the index and not the total return. It does this no mat­ter what stock/benchmark you choose.

    If you open up the per­for­mance menu in Navexa you should be able to see the total return of the cho­sen bench­mark.

    For what it’s worth I’d have thought VAS (ASX 300) would be a more appro­pri­ate bench­mark as the port­fo­lio often has stocks from the small­er cap end of the mar­ket.

    I have report­ed the bench­mark­ing dis­play issue to Navexa. Maybe if more peo­ple com­plain we will get a fix faster.

    Reply
    • Cameron Reilly
      Cameron Reilly on 2022-11-15 at 3:41 pm

      Woah! Thanks, Alex! You’re right. I’ll add that to our notes for next week.

      Reply

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