Hello QAV Light Brigade

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

Not a good week for the AORD. The RBA lifted rates again and there are concerns in the US about further rate rises and many commodites are retreating. As a result we had to replace a few stocks last week. 

 

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

 

PORTFOLIO UPDATES

GROUP SUMMARY

Along with the sell-off in the market, all of our portfolios declined slightly last week. Our exposure to mining stocks was the primary cause of our decline, but we also saw declines in some retail and financial stocks. 

The Light portfolios as a group are up 8.09% CAGR p.a., versus the STW which is up 20.24%. So we’re currently lagging the benchmark by 60%.

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 6.98% vs the benchmark, which also declined last week, and is up 2.67 % 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 although it also declined a little last week. Portfolio 22.2 is up 20.95% vs the benchmark which is up 9.14%.

 

22.3 Portfolio 

Inception date 7/11/2022. Portfolio 22.3 declined slightly last week, and is now down 0.77% versus the benchmark which is up 8.7%.

23.1 Portfolio 

Inception date 23/1/2023. As of today, it’s down 5.11% vs the STW which is now down 0.27%.

 

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 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