QAV Light Weekly Update #99

Hap­py New Year!

I hope you had a safe and fun New Year’s Eve and are feel­ing refreshed and ready to see what Mr Mar­ket bring us in 2024. 

He seemed pret­ty upbeat last week. The AORD did fin­ish the year at a 52 week high, but did not quite beat its all time high. The AFR is pre­dict­ed today will be a lit­tle down due to US mar­ket issues (as usu­al). 

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 had a strong fin­ish to the year, slight­ly bet­ter than the SPDR200, and are up 4.46% CAGR pa ver­sus the bench­mark which is up about 8%. Our goal is to achieve dou­ble mar­ket per­for­mance and we aren’t hit­ting that yet for these port­fo­lios (our ~4 year old Dum­my Port­fo­lio *is* achiev­ing dou­ble mar­ket, with a total return of 18.97% pa), but you can see in the below chart that our rel­a­tive per­for­mance in the last cou­ple of months has been slight­ly bet­ter than the index and we are catch­ing up. TK says it would­n’t take much for us to over­take and zoom past it. We’re just wait­ing to a clear run. 

PORTFOLIO 221

This port­fo­lio closed 18/04/2022, just as the mar­ket crashed due to the Ukraine war. Hor­ri­ble tim­ing. As a result, we have been sit­ting on a lot of cash for a long time, look­ing for some­thing to buy. It’s still down ~2% pa (vs SPDR 200 +8%), but it has been slow­ly recov­er­ing since its low in May.

PORTFOLIO 222

This port­fo­lio closed 08/08/2022 and is up ~17% pa (vs SPDR 200 +5.5%). 

PORTFOLIO 223

This port­fo­lio closed 07/11/2022 and has recov­ered back to neu­tral posi­tion (vs STW +10.5%). It spent a lot of the last year hold­ing cash wait­ing for the mar­ket to recov­er.

PORTFOLIO 231

This one closed 20/06/2023 and is cur­rent­ly up ~1% (vs SPDR 200 +10%). As you can see in the chart, it took a few big loss­es in Sep — Nov but has been recov­er­ing since then quite quick­ly.

Because it’s a qui­et day, here are some oth­er tables that you might find inter­est­ing.

Sec­tor Per­for­mance (All Time) 

Hold­ing Per­for­mance (All Time)

If you want an insight into how all of the stocks have per­formed indi­vid­u­al­ly, click this link for a large table.

SELLS

FREE WEBINAR

I’ll be doing a webi­nar in a few weeks. 

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BUYS

CURRENT HOLDINGS

** 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:

ALD ANZ DTL EHE FHE FPR MMS PRU QBE RMS SSM SUL VUK WAM WGX AMC BSL 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).
5. If you come across any QAV ter­mi­nol­o­gy that you don’t under­stand, please review our ter­mi­nol­o­gy guide or just email us for clar­i­fi­ca­tion.

That’s it for today! 

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

Got a ques­tion? 
[email protected]