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Active Growth & Emerging Companies Portfolios – Update on PDN

We have a 4% target weighting in Paladin(PDN) across two portfolios, bought at higher levels. Given the mark to market declines, the prevailing position size in our portfolio’s is lower. The alert today is to highlight we are re-establishing a 4% weighting, which in practical terms, means around a 40% increase in prevailing weights, depending on the portfolio.

PDN
MM is adding to PDN in the Active Growth & Emerging Companies Portfolios– targeting a 4% portfolio weight
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Paladin Energy (PDN)
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