QAV Light Week #45

Hel­lo QAV Light Brigade

It’s anoth­er Mon­day.

We had anoth­er dis­ap­point­ing week for the AORD. Talk about a glob­al reces­sion con­tin­ues. We, of course, don’t try to pre­dict the future. We just keep trad­ing based on the num­bers. 

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

PORTFOLIO UPDATES

22.1 Portfolio 

Incep­tion date 18/4/2022 (which, with incred­i­ble tim­ing, is also when the mar­ket start­ed to cor­rect). It is down 7.11% vs the bench­mark which is down 1.39% over the same peri­od.

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

Here’s the per­for­mance over the last week:

Nice to see ALO back up. Cur­rent­ly up 42% since we bought it in Sep­tem­ber.

22.2 Portfolio 

Incep­tion date 08/08/2022. It is up 10.6% vs the bench­mark which is up 4.6%.

Here’s the per­for­mance over the last week:

22.3 Portfolio 

Filled 7/11/2022. We are up 0.87% ver­sus the bench­mark which is up 4.15%.

The best per­form­ers in the last week have been:

GROUP SUMMARY

The Light port­fo­lios as a group are up 4.36%, ver­sus the STW which is up 7.36%. So while we’re cur­rent­ly behind the bench­mark, we’re doing okay for what has been a very tur­bu­lent peri­od. Obvi­ous­ly we expect to do bet­ter than the bench­mark over time. Our goal is to dou­ble the bench­mark, like our QAV Dum­my Port­fo­lio has done (16% v 7%) since incep­tion (2/9/2019).

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 BPT CGF FHE GRR IGL JHG MQG NAB NHC NWH PRU QAN QBE RRL S32 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.