MM Portfolios

Hi Sonja,

Thanks for the feedback, always appreciated. A good question with the “Active” tab often confusing subscribers.

• When we have “Active” next to a stock in our portfolios it means we are still buyers at current levels, e.g. ANZ Group (ANZ) in our Active Growth Portfolio.
• You are right, in terms of the Action on a particular stock not being automatically linked to the portfolio’s ‘active’ tab, and there at times can be an implied conflict due to timing. If there is, we would suggest deferring to the portfolio active tab for ultimate guidance as these are reviewed daily.

 In terms of the two specifics you mentioned:

• GOLD – we remain bullish through 2024/5 expecting falling interest rates to send precious metals and related stocks higher, we’ve discussed this a few times through the week. Just for clarity, GOLD US is the ticker for the company Barrick Gold while the GOLD ETF houses a bunch of gold stocks.
• With regard to the NABPF hybrid, this is a good example. The comment ‘MM are neutral hybrids, seeing no clear compelling value at current levels’ was time stamped 16/03/2021 09:08, so it is old. Time stamps are shown below each comment like this. More broadly though a comment on hybrids in general doesn’t apply to all, in very similar fashion to stocks.