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 -4.89% in the week with cash sitting at a little over 9%. Calix (CXL) traded to all-time highs but that failed to offset falls on a number of positions with tech particularly hard hit on the back of rising interest rate expectations. PointsBet (PBH), Whispir (WSP) and Zip Co (Z1P) all fell more than 15% to drag on performance this week. We are still looking to add Paladin (PDN) back into the portfolio. Shares in the uranium miner have done well since raising money at 72c with the share purchase plan (SPP) for retail holders set to close in a fortnight.
