Skip to Content

Active Income Portfolio

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 was down -1.48% for the week with cash at 1%.  Woodside (WDS) rallied however it’s only a small position in the portfolio as a bi-product of our BHP position which also gained. Magellan (MFG) was the weakest link down -16.33% following a FUM update while Stockland (SGP) -6.25% also fell. Real-Estate stocks have been in the naughty corner on the expectation of rate rises, our interpretation that a lot of pain had already been priced into the sector seems wrong at this stage. The suite of Centuria securities is a case in point, with the headstock CNI down from $3.60 to close yesterday at $2.10 while their industrial property REIT, CIP has fallen from $4.20 to $3.28. For those holding unlisted property trusts, valuation contraction may not have been felt yet, but it is coming.

image description

Relevant suggested news and content from the site

Back to top