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 -0.70% in the week, underperforming its absolute return benchmark although outperforming the -1.8% decline in the market. Cash in the portfolio is elevated sitting at around 12% while the portfolio is up 2.89% for the financial year to date. The biggest drag on returns this week came from Service Stream (SSM) -17.96% following their FY22 results – click here to view. On the flip side, both Telstra (TLS) +3.69% and BHP +2.35% did well.
