Hello QAV Light Brigade

It’s another Monday and this is my weekly report.

A funny ‘ol week for the AORD. Up in mornings, down in the afternoons, but finished the week up. It’s down already today though.

 

Let’s have a look at how our portfolios are doing and what we have to buy and sell.

 

PORTFOLIO UPDATES

Well this week marks the 12 month anniversary of launching QAV Light

It’s been a rocky year, with the Ukraine invasion, China’s COVID situation, and interest rates going up constantly around the world. Despite all of that, our portfolios as a group are up ~16% CAGR p.a., so that isn’t too bad. We are lagging the benchmark, though, and we would rather be beating it, but TK is confident that we will end up doubling it over the long term. That’s what he’s always done, and it’s what the Dummy Portfolio has done too. 

I hope that those of you who have been with us on the Light journey for a while are feeling good about your portfolio and have learned some things along the way. 

GROUP SUMMARY

The Light portfolios as a group are up 15.95% CAGR p.a., versus the STW which is up 26.9%. So we’re currently lagging the benchmark by 41%.

Here’s a spreadsheet containing all of our current holdings. Of course, you should NOT treat this as a shopping list, as many of these stocks are now no longer value buys, as their share price has gone up since we bought them (yay!). It’s just a record of what we are holding.

22.1 Portfolio 

Inception date 18/4/2022. This portfolio declined slightly again last week. Portfolio 22.1 is currently down 5.8% vs the benchmark, which is up 4.2 % over the same period.

You can see the full chart and transactions on the Light homepage.

22.2 Portfolio 

Inception date 08/08/2022. This portfolio continues to perform very well. Portfolio 22.2 is up 22.7% vs the benchmark which is up 10.8%.

 

22.3 Portfolio 

Inception date 7/11/2022. Portfolio 22.3 dipped slightly last week, and is up 1.65% versus the benchmark which is up 10.5%.

23.1 Portfolio 

Inception date 23/1/2023. As of today, it’s down 2.6% vs the STW which is up 1.4%. I’ve had to sell WAF today, details below.

 

SELLS

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

BUYS

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

 

** Please remember to review our Buying Guidelines to understand which cap bands you should be looking at and other important considerations. 

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 in their personal portfolios:

AMP CGF FHE GRR IGL JHG MQG NAB NHC NWH PRU QAN QBE RRL S32 SGM WAM WDS WHC

Please note that our personal holdings might not include the stocks we recommend in QAV Light. This is because we already have full portfolios (15-20 stocks) and can only add new stocks if we have to sell something.

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

 

FOR NEW MEMBERS

If you’re new to QAV Light, here’s a quick reminder on how it works.

    1. We send you an email every Monday advising which stocks we are adding to our Light portfolio.
    2. You can copy our trades, but please remember to review our Trading Guidelines to understand which cap you should be looking at and other important considerations. And consult a financial planner before making any decisions.
    3. We don’t recommend that you add stocks which are already in our portfolio. Their position on our buy list might have changed since we recommended them. Just start with the stocks recommended after you become a member.
    4. If one of the stocks we add breaches one of our sell conditions, we will sell it from our portfolio and you’ll get an email advising of the trade. Again, you can copy our trades, but seek financial advice before making any decisions. And please check your Rule #1 price (see Trading Guidelines).

     

    That’s it for today!

    If we decide to buy or sell something, we’ll let you know.

    Got a question?
    info@qavpodcast.com.au