QAV Light Weekly Update #163

Hap­py Mon­day, Light Brigade!

I hope you had a great week­end. Mine was spent as usu­al at kung fu, where my already-bro­ken fin­ger got re-injured dur­ing spar­ring, and now it’s all pur­ple and swollen, so that’s fun. Apart from that, every­thing was pret­ty relax­ing. Chris­sy and I even got to watch a cou­ple of Bol­ly­wood films we had­n’t seen before! And Chris­sy bought me this cute Swedish oven dish from the 1960s at a Vin­nies on Bri­bie Island last week. It was made by the now-defunct Rörstrand, one of Sweden’s most famous porce­lain man­u­fac­tur­ers, found­ed in 1726, and I used it to bake a loaf of my 100% whole wheat sour­dough this morn­ing. Can’t wait to rip that bad boy open. 

Any­way… 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 anoth­er tur­bu­lent week but fin­ished up. How­ev­er, the AFR this morn­ing are report­ing that Don­ald Trump’s April 2 tar­iff reveal will be the market’s “peak fear day”. So it might be anoth­er cou­ple of inter­est­ing weeks. 

In the last week, the Light Group of port­fo­lios were +1.1% vs the index which was ‑0.9%.

The best per­form­ers for the week were GNP (+13%) and MTO (+8%). The worst were HLI (-17%) and FWD (-7%).

Since incep­tion, the LIGHT GROUP is + 8% p.a., ver­sus the index + 8.5% p.a.

For the cur­rent FY, the LIGHT GROUP is +7.7% p.a., ver­sus the index +5.66% 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.

My lat­est groove, when I’m not lis­ten­ing to Shostakovich, is 90’s Ital­ian hiphop.