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 +7.72% in the week, outperforming the S&P/ASX Small Ords index which rallied +4.06%. Cash in the portfolio fell to around 5% after we added Sandfire Resources (SFR) to the portfolio. The Copper miner was one of the standout performers in the week, rallying 16% since our purchase. Also supporting the outperformance was a 19% rally in lithium miner Pilbara (PLS), +15% rally in Adore Beauty (ABY) & a 14% gain by EML Payments (EML). The underperformer was Audinate (AD8), the only position in the red, falling by -2%.
