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 +3.38% in the week, outpacing the performance of the small ords index. Cash in the portfolio is sitting at around 4%. Strong moves by PointsBet (PBH), Adore Beauty (ABY) & Pinnacle (PNI) all rallying over 13%. These gains were partially offset by ~10% falls in both EML Payments (EML) and Nitro Software (NTO) after poor updates. The small cap end of the market has enjoyed a squeeze higher in recent weeks which has benefitted the portfolio’s performance. Financial year to date the portfolio has added +8.68%.
