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 +1.62% in the week, outpacing the performance of the small ords. Cash in the portfolio is sitting at around 9%. The portfolio is now up 20.10% for the financial year to date, a strong outperformance to its benchmark. This week the winners were led by Adore Beauty (ABY) climbing over 50%, while Strandline (STA) rose ~11% and Capitol Health (CAJ) was up ~8.5%. The main detractor was St Barbara (SBM), falling -14% on disappointing guidance.