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 -6.31% in the week, underperforming the small ords. Cash in the portfolio is sitting at around 9% while the portfolio is now up 13.10% for the financial year to date. This week the losers were last week’s winners, Adore Beauty (ABY) -21.36%, having been up 50% the week before, while Audinate (AD8) fell -12.45% following their FY22 results. Pilbara Minerals (PLS) +3.15%, unfortunately, was the only stock to make a positive contribution to performance.
