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 +0.66% in the week, outperforming the small ords index which was flat. Cash remaining at around 4% with no changes to the portfolio. Adore Beauty (ABY) and Calix (CXL) both rallied more than 10% while Strandline (STA) was the main drag falling -6.6%. Investors continue to be jittery when it comes to small caps, particularly tech stocks, however, if our view that the Nasdaq is finding a low is correct we should expect to see a nice bounce in the space in the coming weeks.
