QAV Light Weekly Update #161

Hap­py Mon­day, Light Brigade!

I hope you had a great week­end and if you were in the path of Alfred, I hope you aren’t under water. We lost pow­er and mobile recep­tion for about 24 hours and then dis­cov­ered when it came back on that our hot water sys­tem had shat itself, so it’s cold show­ers until that can get replaced. Still, we feel lucky to get through it so light­ly when many oth­ers weren’t so for­tu­nate. 

Any­way… let’s see where things are at with our Light port­fo­lios this week. Hope­ful­ly not under water. 

All the best,
Cameron

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PORTFOLIO UPDATE

The AFR is report­ing this morn­ing that “ASX holds near six-month low” but it is up today.

In the last tur­bu­lent week, the Light Group of port­fo­lios were ‑1.19% vs the index which was ‑2.72%.

The best per­form­ers for the week were LAU (+11.9%, recov­er­ing every­thing it lost the week before) and PPM (+5.26%). The worst were FND (-9.39%, it’s sec­ond week as one of the worst per­form­ers) and SXE (-8.96%).

Since incep­tion, the LIGHT GROUP is + 6.86% p.a., ver­sus the index + 8.82% p.a. 

For the cur­rent FY, the LIGHT GROUP is +5.4% ver­sus the index +6%. 

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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.

This week I have to give a plug for Chris­sy’s friends Robert Forster (for­mer­ly of The Go Betweens) and his wife Karin, who have a new track out, STRAWBERRIES, which we’ve lis­tened to many times over the week­end.