QAV Light Weekly Update #121

Hap­py Mon­day!

The mar­ket dropped late last week but is up again today, “as traders con­tin­ue to unwind a sell-off that has gripped the index for much of the past two weeks.”

PORTFOLIO UPDATES

As a group, our four Light port­fo­lios are cur­rent­ly up about 5% since incep­tion (Feb 2022). 

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

PORTFOLIO 221

This port­fo­lio closed 18/04/2022, just as the mar­ket crashed due to the Ukraine war. It’s now in the green, but still has a lot of catch­ing up to do.

It con­tin­ues to out­per­form the STW for this FY. 

PORTFOLIO 222

This port­fo­lio closed 08/08/2022 and is +13% pa (vs SPDR 200 +6%), so is per­form­ing at dou­ble mar­ket, which is our goal. 

How­ev­er, for the FY it has actu­aly under­per­formed the bench­mark. So it had a great year, fol­lowed by an aver­age year.

PORTFOLIO 223

This port­fo­lio closed 07/11/2022 and has recov­ered back to a pos­i­tive posi­tion, up ~5% pa (vs STW +11%). Our result was helped great­ly by SXE, which is up 36% in the last 30 days.

The FY per­for­mance has been about 80% of the bench­mark.

PORTFOLIO 231

This one closed 20/06/2023 and is up ~2%, still recov­er­ing from the drop late last year. It’s ben­e­fit­ed recent­ly from SXE and FND (which is up 17% in the last 30 days). 

For the FY, it’s about neu­tral and is still under­per­form­ing the bench­mark by quite a lot. 

SELLS

BUYS

Mean­while.… here’s some­thing to bright­en up your day.

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 ASB FHE FPR GNC MMS PRU QBE RMS RSG SSM SUL WAM WGX GEM

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 (eg Rule 1, 3PTL, Pos­si­bles, etc), 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]