QAV Light Weekly Update #64

Hel­lo QAV Light Brigade

It’s Mon­day and this is my week­ly report.

The AORD is hav­ing a perky start to the week “bol­stered by con­tin­u­ing gains in New York as investors embrace bet­ter-than-expect­ed quar­ter­ly results – after expec­ta­tions were slashed this year”, accord­ing to the AFR.

PORTFOLIO UPDATE

And as it’s the start of a new month, let’s take a look at how our port­fo­lios are doing. 

GROUP SUMMARY

The Light port­fo­lios as a group are up 23.51% CAGR p.a., ver­sus the STW which is up 23.04%. So we’re cur­rent­ly slight­ly beat­ing the bench­mark, but it’s neck and neck. We’ve improved quite a lot since our last report when we were 32% below the bench­mark and the end of Feb when we were lag­ging by 34%. 

22.1 Portfolio 

Incep­tion date 18/4/2022. Port­fo­lio 22.1 is still cur­rent­ly down 9.3% vs the bench­mark, which is up 3.3% over the same peri­od. We’re still try­ing to make up for the hit we took when the Ukraine war crashed the mar­ket last year. 

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 32.33% vs the bench­mark which is up 9.87%.

22.3 Portfolio 

Incep­tion date 7/11/2022. Port­fo­lio 22.3 is down 0.25% ver­sus the bench­mark which is up 9.45%.

23.1 Portfolio 

Incep­tion date 23/1/2023. As of today, it’s up 0.73% vs the STW which is now up 0.42%. So pret­ty much neck and neck with the bench­mark.

BUYS

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:

FHE GRR IGL JHG KAR MQG NAB OML PRU QAN QBE RMS SGM SUL WAM WAF

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.