Active Growth Portfolio
For those seeking an active approach to investing in large cap ASX stocks
About The Portfolio
The Market Matters Active Growth Portfolio provides an active exposure to Australian large-cap shares, aiming for reduced volatility. Returns will be achieved through a combination of capital appreciation and income with an overall objective of outperformance of the S&P/ASX 200 Accumulation Index over the medium term (3 years).
Portfolio | 1m | 3m | 6m | 1y | 3y pa | ITD pa* |
---|---|---|---|---|---|---|
ACTIVE GROWTH | 1.65% | 9.87% | 7.47% | 17.29% | 13.79% | 14.23% |
ASX 200 ACCUMULATION | 0.79% | 9.39% | 7.42% | 10.64% | 9.32% | 9.14% |
VALUE ADD | +0.86% | +0.48% | +0.05% | +6.65% | +4.47% | +5.09% |
COMPANY CODE | STOCK NAME | WEIGHT (%) | RISK | TIME HORIZON | ENTRY DATE | ENTRY PRICE ($) | LAST PRICE ($) | DIVIDENDS ($) | DAILY CHANGE (%) | GAIN / LOSS (%) |
---|---|---|---|---|---|---|---|---|---|---|
ANZ | ANZ Bank | 6 | Moderate | Long | 08/02/2023 | 25.29 | 28.80 | 2.29 | -0.21 | 22.93 |
BHP | BHP Group | 8 | Moderate | Long | 27/08/2019 | 39.51 | 43.59 | 12.38 | 2.78 | 41.66 |
CTD | Corporate Travel Mgmt | 4 | Moderate | Medium | 6/03/2024 | 16.46 | 16.97 | -0.53 | 3.10 | |
EVN | Evolution Mining | 5 | Moderate | Medium | 1/12/2022 | 2.94 | 3.40 | 0.08 | 1.49 | 18.37 |
GMG | Goodman Group | 4 | High | Medium | 24/10/2023 | 21.15 | 30.42 | 0.15 | 2.29 | 44.54 |
ILU | Iluka Resources | 4 | High | Medium | 07/02/2024 | 7.20 | 7.29 | 0.06 | 2.39 | 2.08 |
MFG | Magellan | 4 | High | Medium | 6/03/2024 | 9.15 | 9.72 | 0.21 | 6.23 | |
MIN | Mineral Resources | 5 | High | Medium | 16/03/2023 | 73.73 | 68.21 | 0.80 | 3.08 | -6.40 |
NAB | National Australia Bank | 6 | Moderate | Medium | 15/12/2022 | 30.33 | 33.94 | 2.39 | -0.26 | 19.78 |
NSR | National Storage REIT | 5 | Moderate | Medium | 11/08/2023 | 2.22 | 2.42 | 0.06 | 0.00 | 11.71 |
ORA | Orora | 5 | Moderate | Medium | 31/01/2024 | 2.80 | 2.65 | 0.05 | 2.32 | -3.57 |
PDN | Paladin Energy | 3 | High | Medium | 27/02/2024 | 1.18 | 1.25 | 0.40 | 5.93 | |
PLS | Pilbara Minerals | 4 | High | Medium | 18/01/2024 | 3.48 | 3.92 | 0.00 | 12.64 | |
RHC | Ramsay Healthcare | 5 | Moderate | Long | 12/04/2023 | 68.86 | 54.23 | 0.36 | -0.13 | -20.72 |
RMD | Resmed | 5 | Moderate | Medium | 28/10/2021 | 33.23 | 29.16 | 0.39 | 0.97 | -11.07 |
SFR | Sandfire Resources | 4 | High | Medium | 18/05/2023 | 5.87 | 8.52 | -0.93 | 45.14 | |
TWE | Treasury Wine Estates | 5 | High | Medium | 20/04/2023 | 13.60 | 12.35 | 0.66 | -0.32 | -4.34 |
WHC | Whitehaven Coal | 4 | High | Medium | 15/11/2022 | 8.18 | 6.40 | 1.16 | 1.27 | -7.58 |
WOR | Worley | 4 | High | Medium | 08/05/2023 | 15.85 | 16.50 | 0.50 | 1.29 | 7.26 |
XRO | Xero | 5 | Moderate | Long | 02/04/2020 | 101.29 | 133.33 | -1.52 | 31.63 |
Company code | STOCK NAME | WEIGHT(%) | RISK | TIME HORIZON | EXIT DATE | ENTRY PRICE ($) | CLOSE PRICE ($) | DIVIDENDS ($) | GAIN / LOSS (%) |
---|---|---|---|---|---|---|---|---|---|
LLC | Lendlease | 5 | High | Medium | 6/03/2024 | 7.2 | 6.18 | -14.14 | |
ALU | Altium | 5 | High | Medium | 31/01/2024 | 42.53 | 49.27 | 15.85 | |
MQG | Macquarie Group | 6 | Moderate | Medium | 31/01/2024 | 177.99 | 189.41 | 13.29 | 13.88 |
NST | Northern Star | 5 | High | Medium | 18/01/2024 | 11.14 | 12.16 | 0.16 | 10.59 |
PDN | Paladin | 3 | High | Medium | 15/01/2024 | 0.83 | 1.31 | 57.83 | |
MFG | Magellan Financial Group | 4 | High | Medium | 08/01/2024 | 9.22 | 9.09 | 0.93 | 8.68 |
WDS | Woodside | 4 | Moderate | Medium | 24/10/2023 | 35.66 | 35.23 | 1.78 | 3.79 |
CWY | Cleanaway Waste Management | 5 | High | Medium | 05/10/2023 | 2.69 | 2.34 | 0.02 | -12.27 |
NCM | Newcrest Mining | 5 | Moderate | Medium | 25/08/2023 | 29.35 | 25.42 | 2.52 | -4.8 |
ELD | Elders | 3 | High | Medium | 25/08/2023 | 7.11 | 6.47 | 0 | -9 |
SEK | Seek | 3 | High | Medium | 17/08/2023 | 24.29 | 23.35 | 0.34 | -2.47 |
GMG | GMG | 5 | Moderate | Medium | 11/08/2023 | 23.43 | 20.17 | 0.3 | -12.63 |
ILU | Iluka | 5 | Moderate | Medium | 21/06/2023 | 10.74 | 11.66 | 0.64 | 14.53 |
JHX | James Hardie | 4 | High | Medium | 21/06/2023 | 31.2 | 39.89 | 27.85 | |
CSL | CSL Limited | 4 | Moderate | Medium | 15/06/2023 | 260.92 | 279.41 | 3.82 | 8.55 |
JHX | James Hardie | 1 | High | Medium | 26/05/2023 | 31.2 | 37.83 | 21.25 | |
XRO | Xero | 2 | High | Long | 22/05/2023 | 92.85 | 108.79 | 0 | 17.16 |
WDS | Woodside | 3 | Moderate | Medium | 08/05/2023 | 30.23 | 34.05 | 5.28 | 30.1 |
IGO | Independence Group | 3 | Moderate | Medium | 28/04/2023 | 10.66 | 13.61 | 0.27 | 30.21 |
SFR | Sandfire Resources | 3 | High | Medium | 20/04/2023 | 4.1 | 6.93 | 69.02 | |
CSL | CSL Ltd | 2 | Moderate | Medium | 20/04/2023 | 260.92 | 300.94 | 3.82 | 16.8 |
REA | REA Group | 2 | High | Medium | 20/04/2023 | 120.42 | 140.69 | 1.07 | 17.72 |
ALU | Altium | 5 | High | Medium | 12/04/2023 | 28.8 | 37.65 | 1.08 | 34.48 |
CBA | Commonwealth Bank | 5 | Moderate | Long | 08/02/2023 | 59.88 | 110.4 | 11.9 | 104.24 |
SEK | Seek | 5 | Moderate | Medium | 03/02/2023 | 19.86 | 25.55 | 28.65 | |
MQG | Macquarie Group | 2 | Moderate | Medium | 03/02/2023 | 178.3 | 190.89 | 6.34 | 10.61 |
SFR | Sandfire Resources | 1.07 | High | Medium | 18/01/2023 | 4.1 | 6.15 | 50 | |
HUB | HUB24 | 4 | Moderate | Medium | 09/01/2023 | 22.79 | 27.66 | 0.37 | 22.99 |
SFR | Sandfire Resources | 1.5 | High | Medium | 08/12/2022 | 4.07 | 5.38 | 32.18 | |
BHP | BHP Group Ltd | 3 | Moderate | Long | 08/12/2022 | 37.4 | 46.42 | 9.02 | 48.23 |
Opinions for stocks held in the Growth Portfolio
Goodman Group (GMG) $29.74
For the second consecutive Monday, high-flying GMG was one of the worst-performing real estate stocks; yesterday, it fell -3.6%, taking out the wooden spoon this week. The stock is still up an impressive +18.6% year-to-date, but as we saw yesterday, it’s a definite candidate for profit-taking when markets lose confidence that central banks will start cutting rates in 2024. Read moreMagellan Financial Group (MFG) $9.70
MGF rallied to fresh 2024 highs on Monday in an almost stealth-like manner compared to the fanfare that heralded its aggressive decline over the last 3-years. Our bullish view towards MFG has held the stock in good stead over recent months, and we have no reason to lose confidence in the stock at current levels. Read morePaladin Energy Ltd (PDN) $1.245
PDN advanced +3.3% on Monday, mirroring the strong performance by US uranium names on Friday after the world’s largest Uranium producer, Kazatomprom, alluded to only a modest increase in production in the year ahead. They also echoed our bullish medium/long-term view, stressing the world will be short of Uranium by 2030. Read moreIluka Resources (ILU) $7.12
ILU has almost halved from its mid-2023 high, illustrating the cyclical nature of the Materials Sector, but yesterday, it regained some of its mojo after the Chinese data releases. Read moreNational Australia Bank (NAB) $33.50
NAB fell 2.8% on Thursday, better than Westpac & ANZ's 3.8% decline but still enough to have a meaningful impact on the index, accounting for 10-points of the ASX200’s decline. Read moreEvolution Mining Ltd (EVN) $3.29
Gold and copper miner EVN popped +6% on Thursday, making it the second-best performer on the ASX200. The last few months have been tough for EVN after its $525mn capital raise at $3.80 in December to buy up-and-running copper and gold mine Northparkes, which was closely followed by a big 2Q production miss. Read moreSandfire Resources Ltd (SFR) $8.47
SFR was the best-performing stock on the main board on Thursday, advancing +7.2% and making fresh 5-year highs in the process. Since BHP's takeover of OZ Minerals (OZL) last May, SFR has been the go-to copper stock on the ASX. Its performance has been impressive, considering the underlying copper price is still over 20% below its 2022 peak. Read moreGoodman Group (GMG) $30.85
GMG rallied +2.5% yesterday, taking it within 3% of its 2024 and all-time high. At MM, we like GMG, as discussed several times in 2024. In February, they upgraded FY24 earnings guidance with 1H, with operating profit coming in at $1.13bn, ahead of expectations driven by strong development earnings. They talked up the growth available in data centres; we like this medium/long-term play and have no plans to reduce our 4% position. Read moreResMed Inc. (RMD) $29.08
Ozempic et al. have made the last year a particularly torrid and uncertain time for sleep apnoea company RMD. In simple terms, if these new wonder drugs lead to fewer people carrying weight, it will theoretically reduce the demand for RMD products. After bouncing over 40% from its panic 2023 low, we are contemplating trimming our 5% holding from purely a volatility perspective. Read moreActions for stocks held in the Growth Portfolio
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