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 up +7.40% in the week with cash sitting at a little over 1%. Strong performances from a number of names including Tyro (TYR) & Calix (CXL) both up 17%, and Paladin (PDN) +31%. Ive Group (IGL) tracked higher throughout the 5 sessions on a strong result and while we remain bullish and will continue to hold the stock in the Income Portfolio, we are likely to use this as a funding vehicle in our Emerging Companies Portfolio. For the month, the portfolio declined by -5.93% with the small caps struggling through reporting season.
