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 up +0.73% for the week with cash now at 6% following the sale of APA Group (APA). The portfolio is up 3.76% for the financial year to date, well ahead of its absolute return benchmark (RBA cash rate +4%). Service Stream (SSM) +4.57% and BHP Group +4.35% were both strong while Centuria (CNI) +3.23% bounced back from recent weakness following their FY22 results. Bank of QLD (BOQ) -2.42% was the weakest link weighed down by a soft result from regional peer Bendigo (BEN) while the Metrics Master Income Trust (MXT) lost-2.01%, however, that’s more reflective of liquidity we think.
