The Market Matters Flagship Growth Portfolio provides an active approach to investing in ASX listed large cap stocks – Click here to view
The MM Growth Portfolio slipped -0.16% outperforming the market which fell around 1.4%. The solid (relative) week was helped by Whitehaven Coal (WHC) +20.4%, Newcrest (NCM) +9.3% and Santos (STO) +9% while the laggards were Virgin Money (VUK) -16.7%, Qantas (QAN) -12.4% and Aristocrat (ALL) -9.9%.
MM is looking to keep the broom moving through our portfolio as we take advantage of the unprecedented panic in commodities:
- MM is considering selling Whitehaven Coal (WHC) and Alumina (AWC).
- Also as mentioned earlier we are considering adding to our CSL and RMD holdings plus Qantas (QAN) has become interesting as it falls in the face of rising oil prices.
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