QAV Light Weekly Update #54

Hel­lo QAV Light Brigade

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

Well we had anoth­er chop­py week on the AORD. As a result we had to replace a few stocks again last week.

Still, I remind myself that the mar­ket has had a good run over­all since the end of Sep­tem­ber.

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

PORTFOLIO UPDATES

GROUP SUMMARY

Along with the sell-off in the mar­ket, all of our port­fo­lios declined slight­ly last week. Our expo­sure to min­ing stocks was the pri­ma­ry cause of our decline, but we also saw declines in some retail and finan­cial stocks.

The Light port­fo­lios as a group are up 6.82% CAGR p.a., ver­sus the STW which is up 15.85%. So we’re cur­rent­ly lag­ging the bench­mark by 57%.

Here’s a spread­sheet con­tain­ing all of our cur­rent hold­ings. Of course, you should NOT treat this as a shop­ping list, as many of these stocks are now no longer val­ue buys, as their share price has gone up since we bought them (yay!). It’s just a record of what we are hold­ing.

22.1 Portfolio 

Incep­tion date 18/4/2022. This port­fo­lio improved slight­ly last week. Port­fo­lio 22.1 is cur­rent­ly down 6.65% vs the bench­mark, which declined last week, and is up 1.64 % 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 port­fo­lio con­tin­ues to per­form very well and improved a lit­tle last week. Port­fo­lio 22.2 is up 21.49% vs the bench­mark which is up 8%.

22.3 Portfolio 

Incep­tion date 7/11/2022. Port­fo­lio 22.3 declined last week, large­ly thanks to AMP, and is now down 1.97% ver­sus the bench­mark which is up 7.55%.

23.1 Portfolio 

Incep­tion date 23/1/2023. As of today, it’s down 6.05% vs the STW which is now down 1.34%.

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 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.