The Market Matters Flagship Growth Portfolio provides an active approach to investing in ASX listed large cap stocks – Click here to view
The portfolio added +1.23% last week while cash sits at 9%. We again saw miners / banks figure strongly in the winners enclosure including BHP Group (BHP) +9%, Newcrest Mining (NCM) +6.3%, and Macquarie Group (MQG) +4% while our main laggards were HUB24 (HUB) -7.5%, ResMed (RMD) -6.6% and a2 Milk (A2M) -0.9%.
We have already migrated our portfolio away from value into growth names as we took advantage of commodity prices panic on the upside, the markets now rallying in line with our view towards fresh highs and we’re considering ways to de-risk further into such strength with the “Big Australian” on our radar.
