The Market Matters International Equities Portfolio is a high conviction direct international equities portfolio that targets well known global brands – Click here to view
The MM International Equities Portfolio had a solid week up by +0.56% against a backdrop of a weaker market, although a fall in the AUD was a positive contributor. Cash sits at 9%. Our weakest positions of the last quarter improved, with Chipotle (CMG) +7.56% & PayPal (PYPL) +5.39% leading the line while Glencore (GLEN LN) suffered at the hands of a commodity sell-off to be the weakest link down by -13.83%, nearly 8% of the decline occurring overnight.
