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 was down -0.18% in the week with cash sitting at a little over 1% as small caps continued to underperform large caps over the course of the week. Performance of the portfolio was weighed on by 10% falls from Adore Beauty (ABY), Dubber (DUB) & Zip Co (Z1P) while Coronado Resources (CRN) and integrated marketing business Ive Group (IGL) both did well up over 5% a piece. While the Emerging Companies Portfolio has delivered an annual return of +17.97% since inception, there are a few duds in the portfolio that deserve discussion, the weakest of them all being PointsBet (PBH) which is down 59% from initial purchase.
