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.

 

SELLS

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

BUYS

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

 

 

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.

    Got a question?
    info@qavpodcast.com.au