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Flagship Growth Portfolio – Amendments

IGOFMG

We are selling our 5% holding in Independence Group (IGO) as the stock trades to our targeted area.

IGO
MM are selling IGO in the Flagship Growth Portfolio, taking profit around $10.40
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Independence Group (IGO)

We are buying Fortescue (FMG) into weakness. This is a shorter term position targeting ~20% upside.

FMG
MM are buying FMG in the Flagship Growth Portfolio, allocating 5% around $16.00
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Fortescue Metals (FMG)
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