The Market Matters Active Income Portfolio provides an active approach to income producing equities, ETFs and listed Income Securities – Click here to view
The portfolio added 0.37% for the week while cash remains at ~5%. Magellan (MFG) had a rare period of strength adding 9.59%, the fund manager trading ex-option issuance today, while AGL Energy (AGL) rallied +7.99% to $8.24, taking it back to the price of the Brookfield–Cannon Brookes offer – we are now considering selling the position. On the flipside, Service Stream (SSM) fell -7.48% and Bank of QLD (BOQ) lost -3.49% following their 1H22 results.
