The Market Matters Emerging Companies Portfolio targets small & mid capitalisation emerging stocks (ex-100) that show strong underlying growth characteristics – Click here to view
The portfolio rose +0.5% for the week, underperforming the Small Ords. Bellevue Gold (ASX:BGL) +12.4%, ARB Corp (ASX:ARB) +10.53% and AIC Mines (ASX: A1M) +10.2% were strong, while Hansen Technologies (ASX:HSN) -17.5%, Siteminder (ASX:SDR) -13.2% and Life360 (ASX: 360) -6.6% were the main detractors.
- We bought a 3% position in Liontown Resources (ASX:LTR) : Cash now sits at ~5%.
Emerging Companies Portfolio Hit List: Southern Cross Electrical (ASX:SXE), Ive Group (ASX: IGL), Waypoint REIT (ASX: WPR).
