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What are MM’s plans for CBA?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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What are MM’s plans for CBA?

Hi James and Team Now that we have held CBA for the fully franked $2.40 dividend - what are your plans towards CBA in the income portfolio? Is there a range you expect CBA to trade in and is there a price you will consider selling and maybe using these proceeds towards a stock on your hitlist? regards Debbie

Answer

Hi Debbie,

As we discussed in Fridays What Matters Today Report we have no plans to sell, or add, to our CBA position in the MM Active Income Portfolio.

If/when this view changes we will obviously flag it in a report.

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Commonwealth Bank (CBA)
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