Skip to Content

Core ETF Portfolio

For those seeking a dynamically managed, balanced ETF portfolio

About Market Matters Portfolios

About the Portfolio

The Market Matters Core ETF Portfolio includes equity, fixed-income and alternative asset ETFs to populate a core portfolio within a well-defined (yet dynamic) asset allocation structure, broadly considered to be a balanced approach. The portfolio could serve as the ‘core’ for a broad range of more passively minded investors

Portfolio Performance
Portfolio 1 M 3 M 6 M 1Y 3Y pa ITD PA*
CORE ETF 1.16% 6.64% 5.46% - - 7.37%
RBA CASH RATE +3% 0.57% 1.81% 3.58% - - 6.15%
VALUE ADD +0.59% +4.83% +1.88% - - +1.22%
* Inception date 19/04/2023
Portfolio Holdings trade now
COMPANY CODE STOCK NAME WEIGHT (%) RISK TIME HORIZON ENTRY DATE ENTRY PRICE ($) LAST PRICE ($) DIVIDEND ($) DAILY CHANGE (%) GAIN / LOSS (%)
A200 BetaShares Australian 200 ETF 20 Moderate Long 19/04/2023 122.33 129.45 4.81 0.34 9.75
VSO Vanguard MSCI Aus Small Companies Index ETF 8 High Long 19/04/2023 63.24 65.60 2.23 0.21 7.26
VGS Vanguard MSCI Index International Shares ETF (ex-Aus) 13 Moderate Long 19/04/2023 100.55 123.00 2.35 0.60 24.66
MVA VanEck Australian Property ETF 10 Medium Long 19/04/2023 20.96 22.67 1.10 0.76 13.41
IAF iShares Core Composite Bond ETF 17 Low Long 19/04/2023 101.94 101.38 1.68 0.25 1.10
HBRD BetaShares Active Australian Hybrids Fund 13 Low Long 19/04/2023 10.01 10.09 0.59 0.00 6.69
IFRA VanEck FTSE Global Infra (Hedged) ETF 5 Low Long 19/04/2023 21.00 19.70 0.57 -0.15 -3.48
GOLD Global X Physical Gold 5 Medium Long 19/04/2023 27.56 30.54 1.16 10.81
AAA BetaShares Aus High Interest Cash ETF 9 Low Long 19/04/2023 50.16 50.20 1.75 0.02 3.57
more

Opinions for positions held in the Core ETF Portfolio

First Up

Yesterday saw the ASX200 recover from early losses to close marginally higher, aided by a solid bounce by the banks and some impressive performances from our mid-tier miners, i.e. the best two sectors were the worst last week as stock/sector rotation continues. Conversely, following in the footsteps of a weak bond market following the robust US economic data last week, the rate-sensitive Real Estate Sector was by far the weakest area of the market, falling -1.9%, dragged lower by high-flying Goodman Group (GMG), which ended the session down -3.6%.

Read more

Equity Indices

The ASX200 endured a tough week, with the dual blow of a major bank downgrade from Macquarie Group and iron falling to multi-month lows, dragging the index down -2.25%. However, it could have been worse when we consider the falls by some of the influential heavyweights, e.g., Fortescue (FMG) -7.7%, Westpac (WBC) -5.5%, Commonwealth Bank (CBA) -4.9%, and BHP Group (BHP) -3.5%. Unfortunately, this classic “one-two” on the chin of the heavyweight ASX names led to significant underperformance by the local market compared to the US S&P500, which only slipped -0.1%.

Read more

First Up

The ASX200 again edged higher on Wednesday, with winners and losers perfectly matched, but declines by heavyweights BHP Group (BHP), Commonwealth Bank (CBA), and CSL Limited (CSL) limited the market's gains. When we looked at our portfolios throughout the day, it felt like a case of stocks being “hot or not,” with very little in between. As markets move on from reporting season, traders are second-guessing the path for interest rates, with ongoing choppy volatility likely to remain for at least a few months.

Read more

Equity Indices

The ASX200 has rallied to be within 2% of the psychological 8000 level, and we would already be well above it if the influential Resources Sector could regain its mojo. The much-lauded Tech Sector was only the market's fourth best last week, coming in behind the Financials, Real Estate and Healthcare Sectors as the buying became more broad-based. Last month’s Bank of America Fund Managers Survey told us the market was long & bullish, with tech stocks still the top pick.

Read more

First Up

Thursday saw the ASX200 make a new all-time (closing) high, the solid +0.4% advance was fuelled by broad-based buying, which saw 75% of the main board up on the day, with standout gains by the Industrials and Tech stocks leading the charge. In the big end of town, Commonwealth Bank (CBA) rallied another +0.8% again, posting a new all-time high, while BHP Group (BHP) advanced +1.4% after considering it traded ex-dividend. Yesterday's move was even more impressive when considering some influential names that traded ex-dividends. Don’t worry; your portfolio didn’t have a shocker!

Read more

First Up

The ASX200 reversed early losses on Wednesday to eke out a small +0.1% gain by the close. The winners and losers were fairly evenly balanced, but the influential “Big Four” banks remain strong – more on them later. It was evident that reporting season had passed with only five stocks moving by more than 5%, while no stocks delivered a double-digit win or loss. As mentioned earlier, the banks helped the Financials sit on top of the podium, delivering a +0.8% gain on the day. At the same time, the high-flying tech sector carried the wooden spoon, falling by 1.4% following the tough session on Wall Street.

Read more

New Hybrids

There has been a flurry of new issuance across the Hybrid market in recent months, starting with Westpac at the end of 2023, ANZ first off the mark in 2024, followed by Bendigo & Adelaide Bank & IAG more recently. All are typical Tier 1 hybrid securities with the usual conditions, something we wrote about here. Below, we’ve provided an overview of each.

Read more

First Up

Gold has surged ~5% over the last 72 hours, taking the precious metal within striking distance of its all-time high, and we still have a few sessions remaining in the week. Increasing expectations/hopes of a rate cut by the Fed in June has fuelled the advance, which could easily be in its infancy if we see central banks press the ease buttons this year, e.g. the futures market is now pricing in cuts of 0.90% by Christmas, i.e. 3 cuts and a coin toss for a fourth.

Read more

First Up

The ASX200 reversed early gains to close down 0.1%, with weakness in the heavyweight iron ore miners offsetting gains by the banks, real estate & tech stocks. We are two months into 2024, and the relative performance on the sector level shows no sign of reversing as Beijing struggles to win over sceptical investors, e.g. year-to-date, the Tech Sector is up +24.3%, while the Materials Sector is down -8.8%. With interest rates forecast to start falling through 2024/25, it's easy to argue that growth stocks' outperformance has further to unfold through the year.

Read more

Equity Indices

The local market exited reporting season on the front foot, closing up +1.3% for the week, an impressive performance considering the miners continued to struggle. Just keeping with the value stocks, so far in 2024, both ANZ & NAB have rallied over +10%, whereas the markets largest stock, BHP Group (BHP) is down over -10%. With rate cuts widely anticipated through 2024/5 and earnings coming in ahead of expectations, investors are driving stocks ever higher – 75% of US companies beat earnings expectations producing Q4 earnings growth of nearly 8%, well ahead of the 1.2% expected at the aggregate level.

Read more
more

Actions for positions held in the Core ETF Portfolio

A200
UPDATED 19/03/2024 09:35
MM remains cautiously bullish toward the ASX200 around the 7700 level
Add To Hit List
A200
UPDATED 18/03/2024 13:32
MM is cautiously bullish toward the ASX200 around the 7650 area
Add To Hit List
A200
UPDATED 16/03/2024 07:45
MM remains cautiously bullish toward the ASX200 around the 7700 level
Add To Hit List
A200
UPDATED 15/03/2024 09:36
MM remains cautiously bullish toward the ASX200 around the 7700 level
Add To Hit List
A200
UPDATED 14/03/2024 08:41
MM remains cautiously bullish toward the ASX200 around the 7730 level
Add To Hit List
A200
UPDATED 13/03/2024 08:51
MM remains cautiously bullish toward the ASX200 around the 7725 level
Add To Hit List
A200
UPDATED 12/03/2024 15:19
MM remains cautiously bullish toward the ASX200 around the 7700 level
Add To Hit List
A200
UPDATED 11/03/2024 10:52
MM is now cautiously bullish toward the ASX200 around the 7850 level
Add To Hit List
A200
UPDATED 09/03/2024 07:13
MM is cautiously bullish the ASX 200 as it breaks to new all-time highs
Add To Hit List
A200
UPDATED 08/03/2024 09:30
MM remains cautiously bullish toward the ASX200 around the 7760 level
Add To Hit List
more
scroll
Back to top