QAV Light Weekly Update #164

Hap­py Mon­day, Light Brigade!

I hope you had a great week­end.

Mine was spent dodg­ing the tor­ren­tial Bris­bane rain, and watch­ing anoth­er com­pletey bonkers Bol­ly­wood film from 2003, “Chalte Chalte”. 

Let’s see where things are at with our Light port­fo­lios this week.

All the best,
Cameron

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PORTFOLIO UPDATE

The mar­ket had aan aver­age week until it fell off a cliff this morn­ing thanks for U.S. jit­ters of Trump’s upcom­ing “peak fear day”. 

In the last week, the Light Group of port­fo­lios were +1.6% vs the index which was ‑1.7%.

The best per­form­ers for the week were RMS, HLI and FWD, all +12%, with the last two mirac­u­lous­ly recov­er­ing some­what from last week’s falls. The worst were FND (-9%) and GNP (-3%).

Since incep­tion, the LIGHT GROUP is + 8.3% p.a. ver­sus the index + 8.0% p.a. That’s some­thing of a mile­stone for the Light port­fo­lios, mark­ing the first time the entire port­fo­lio group is out-per­form­ing the bench­mark. 

For the cur­rent FY, the LIGHT GROUP is +9.4% p.a. ver­sus the index +4.0% p.a.

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SELLS

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BUYS

CURRENT HOLDINGS & HISTORICAL TRADES

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** Please remem­ber to review our Buy­ing Guide­lines to under­stand which cap bands you should be look­ing at and oth­er impor­tant con­sid­er­a­tions. 

DISCLOSURE 

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]

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And here’s my video of the week.

I’m pret­ty sure Tony has told me about this show JOE 90 before but I’ve nev­er found a copy of it until this week­end. It’s great!