Hello QAVvers
It’s another Tuesday.
The RBA’s most recent interest rate rise smacked the market down last week, but it rallied this morning. (because “US stocks leaped Monday, as investors awaited inflation data due later this week that would feed into their assessments of where monetary policy is headed” according to Morningstar) only to slide back down later in the day. A few “guidance downgrades” haven’t helped.
Let’s have a look at the portfolio and what we have to buy this week.
QAV PORTFOLIO REPORT
INCEPTION (02/09/2019) REPORT
Our portfolio retreated a bit this week. We’re UP about 17.05% (CAGR pa) vs the benchmark which also retreated and is UP about 7.93%.
You can always check out the live version of the portfolio chart here.
For the FY, we are still lagging the STW. We’re up still 6.41% vs the STW which is up 21.2%.
Here are how the stocks have performed in the last 7 days:
RECENT TRADES
None.
STOCKS OF THE WEEK
During the last week, we did trade some stocks in our Light portfolios. Yesterday we sold WAF and replaced it with NAB. Last week we sold MSV and replaced it with WBC. We also sold TER and replaced it with NGI.
** 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. The intended primary purpose of this buy list is for club members to use as a reference for comparing their own buy list. In theory, all of our buy lists should look pretty similar each week.
THIS SECTION CONTAINS CONTENT WHICH IS VISIBLE TO QAV CLUB SUBSCRIBERS ONLY.
LAST WEEK’S EPISODE
Full transcript here.
QAV VIDEO
You can watch the first 30 minutes of the episode below. You can also watch clips on QAV TikTok.
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:
AMP CGF FHE GRR IGL JHG MQG NAB NHC NWH QAN QBE RRL S32 SGM WAM WDS WHC
If you’re interested in learning more, please review our trading and disclosure policy.
