QAV Light Weekly Update #50

Hel­lo QAV Light Brigade

It’s anoth­er Mon­day and this is my week­ly report.

By the way, I think I’ve fixed the caching issue which was pre­vent­ing some peo­ple from see­ing the pro­tect­ed con­tent over the last cou­ple of weeks. If, how­ev­er, you have any prob­lems, please shoot me an email and let me know.

It was anoth­er good week for the AORD. It’s near­ly back to the 52 week high (although it has dipped a bit this morn­ing). These last two weeks are a good exam­ple of why TK always urges us to stay ful­ly invest­ed.

Let’s have a look at how our port­fo­lios are doing and what we have to buy and sell.

PORTFOLIO UPDATES

GROUP SUMMARY

The Light port­fo­lios as a group are up 23.4%, ver­sus the STW which is up 25.1%. So we’re cur­rent­ly lag­ging the bench­mark by rough­ly 7%.

22.1 Portfolio 

Incep­tion date 18/4/2022. It con­tin­ued to recov­er last week, but, again, so did the STW. Port­fo­lio 22.1 is cur­rent­ly down 3.3% vs the bench­mark, which is up 2.9 % over the same peri­od.

You can see the full chart and trans­ac­tions on the Light home­page.

22.2 Portfolio 

Incep­tion date 08/08/2022. This one con­tin­ues to do very well. Port­fo­lio 22.2 is up 18.9% vs the bench­mark which is up 9.4%.

22.3 Portfolio 

Incep­tion date 7/11/2022. Port­fo­lio 22.3 improved again this week, and is now up 3.2% ver­sus the bench­mark which is up 9%.

23.1 Portfolio 

The final port­fo­lio we are build­ing, 23.1, will final­ly close today (ie we will have invest­ed all of our start­ing cap­i­tal). Report­ing from the date of the first invest­ment (14/12/2022), 23.1 is up 4.6% ver­sus the bench­mark which improved a lot last week, and is now up 3.8%. But, of course, we’ve been sit­ting on cash for most of that time. Start­ing next week, I’ll start report­ing it from the date it was ful­ly invest­ed (ie today’s date). 

BUYS

** 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:

AMP CGF FHE GRR IGL JHG MQG NHC NWH PRU QAN QBE RRL S32 SGM WAM WDS 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).

That’s it for today!

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