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Emerging Companies Portfolio – Amendments

WSPLYC

We are buying Lynas Rare Earths (LYC) into recent weakness as the stock reached our pullback target.

LYC
MM are buying LYC in the Emerging Companies Portfolio, allocating 4% around $8.60
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Lynas Rare Earths (LYC)

We are selling our 4% holding in Whispir (WSP) to better balance the portfolio. Director selling $400k worth of shares was the last straw for this position.

WSP
MM are selling WSP in the Emerging Companies Portfolio, taking a loss around $1.03
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Whispir (WSP)
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