QAV Light Weekly Update #166

Hap­py Mon­day, Light Brigade!

I hope you had a great week­end. I’m back home after a week at the beach. Mean­while the mar­ket is hav­ing a pos­i­tive day, but the world is still in chaos mode, so I don’t expect the good vibes to last long. 

Let’s see where we are at. 

All the best,
Cameron

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PORTFOLIO UPDATE

In the last week, the Light Group of port­fo­lios are +4.5% vs the index which is +5.4%.

The best per­form­ers for last week were RRL and RMS (mak­ing the list 2nd week in a row) both up +16%. In third place was AMI, which was on last week’s “Worst” list, which has recov­ered the 15% it lost.

The worst per­form­ers for the last week were MLX (-9.9%) and HLS (-3%).

Since incep­tion, the LIGHT GROUP is + 7% p.a. vs the index +7.7%.

For the cur­rent FY, the LIGHT GROUP is +6.1% p.a. ver­sus the index +3.7% 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.

If you’re a Nick Cave fan, check out this con­cert footage from late last year in Paris. The next best thing to see­ing him live.