QAV Light Weekly Update #86

Hel­lo QAV Light Brigade

It’s Mon­day and this is my week­ly report. Wel­come to our new sub­scribers!

The AORD is down for the week and dropped this morn­ing. “Aus­tralian shares are poised to start the final quar­ter of this year low­er with a focus on the prospect that inter­est rates are set to hold at their cur­rent high lev­els for longer, or per­haps edge even high­er, than pre­vi­ous­ly expect­ed.” (AFR)

For con­text, this is chart for the last twleve months. 

 

PORTFOLIO UPDATES

As it’s the start of the month, let’s take a look at how our Light port­fo­lios are per­form­ing.

LIGHT PORTFOLIO GROUP RESULTS 

As a group, our port­fo­lios are up 4% CAGR pa ver­sus the bench­mark which is up 6%.

 

PORTFOLIO 221

This port­fo­lio closed 18/04/2022, just as the mar­ket crashed due to the Ukraine war. As a result, were sit­ting on a lot of cash for a long time, look­ing for some­thing to buy. It’s still down ~12%, but has been recov­er­ing since June (STW ‑0.22%).

PORTFOLIO 222

This port­fo­lio closed 08/08/2022 and is up ~21% (STW 5%). 

PORTFOLIO 223

This port­fo­lio closed 07/11/2022 and is down ~4% (STW +5%).

PORTFOLIO 231

This one closed 20/06/2023 and is cur­rent­ly down ~1% (STW ‑4%).

WEBINARS

No webi­nar this week.

SELLS

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:

AMP BPT CCP FHE FPR IGL JHG NHC QAN QBE RMS VEA VUK WAM WHC KAR BPT SSM WDS

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).
5. If you have any ques­tions about our ter­mi­nol­o­gy (eg “3PTL”, “Rule 1”, “Pos­si­bles”, etc), please first refer to our QAV Ter­mi­nol­o­gy page, and if you have fur­ther ques­tions, just email Cameron.

 

That’s it for today!

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

Got a ques­tion?
[email protected]