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What does “Active” mean in the MM portfolios?

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Question asked

What does “Active” mean in the MM portfolios?

Please explain why companies in your portfolios are shown as active or not? eg only APA is not shown as active in your Income Portfolio.

Answer

Hi Neil,

In all of our portfolios “Active”  means we would be happy to buy the stock at current levels as opposed to being neutral or looking to sell. You raise a good point RE APA, this is not on an Active stance given the change of recent view. You can see how our views on stocks evolve over time by visiting the Actions section of the stocks page – example here

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