We are cutting JD.com (JD US). This is our least preferred holding in the portfolio and we want to increase cash to improve portfolio flexibility.
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PULSE CHECK WEBINAR: Portfolio positioning towards FY26
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Monday 2nd June – ASX -20pts, SOL, BKW & JHX
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Gerrish: The correction is done, we’re positioning for what comes next
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Monday 2nd June – Dow up +54pts, SPI up +8pts
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MM are selling JD US in the International Equities Portfolio, taking a loss around $57
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