The Market Matters Active Income Portfolio provides an active approach to income producing equities, ETFs and listed Income Securities – Click here to view
The Income Portfolio added +1.50% for the week while cash sits at ~5%. The financials were best on ground with Insignia Financial (IFL) adding +8.74%, Commonwealth Bank (CBA) +8.57% & Bank of QLD (BOQ) +7.81%, while our largest portfolio holding in BHP fell by -6.51%. Despite Magellan (MFG) coming out with poor FUM flows, the stock ‘only’ fell -2.53%, implying to MM that a low is near.
