Viewpoint: Bullish
VanEck Vectors China New Economy ETF is an exchange-traded fund incorporated in Australia. The ETF seeks to provide investors with access to a portfolio of the most fundamentally sound companies with the best growth prospects in the consumer discretionary, consumer staples, healthcare, and technology sectors that are domiciled and listed in China.
The iShares MSCI Global Silver and Metals Miners ETF seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of silver exploration or metals mining.
The ETF is listed on the New York Stock Exchange (NYSE) under code SLVP US
FUEL aims to track the performance of an index (before fees and expenses) that comprises the largest global energy companies (ex-Australia), hedged into Australian dollars.
The ETF is listed on the Australian Stock Exchange (ASX) under close FUEL
The Global X Copper Miners ETF (COPX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Copper Miners Total Return Index. COPX is a targeted play on copper mining.
ETFS Metal Securities Australia Ltd ETFS Physical Gold is an open-ended Exchange Traded Commodity incorporated in Australia . It is designed to track the Gold price less fees allowing investors to invest in the precious metals market. It is backed by physical allocated metal bullion which has no credit risk. The security only holds LBMA Good Delivery bars.
Poultry business ING is carrying a major 8.7% short position with traders concerned around FY21 numbers due to the impact of COVID. We feel this might already be built into the price and a projected 4.5% fully franked yield is attractive to all investors in today’s environment.
Unibail-Rodamco-Westfield’s (URW) properties are shopping centers, office buildings, and convention-exhibition centers.
Nickel Mines Limited provides mining services. The Company acquires, explores, and develops nickel projects. Nickel Mines operates in Australia.
BetaShares Global Banks ETF – Currency Hedged is an exchange-traded fund incorporated in
Australia. the objective of the fund is to provide an investment return that aims to track the
performance of the Nasdaq Global ex-Australia Banks Hedged AUD Index (the “Index”), before
taking into account fees and expenses.
Aged care business EHE is now only a $478m business after suffering an awful few year along with other major listed aged care providers, firstly it was the Royal Commission which saw their costs increase and more recently from COVID which led to another spike in their cost base, all at a time when occupancy levels had been down. To give some context here, in 2015 Japara generated 15k worth of EBITDA per bed while in FY20 that number was 8k. The sector is clearly at a low point and we think that clarity from the Royal Commission findings can be the catalysts for a meaningful re-rating. The findings are due on 21st February and like the banks, once the findings are delivered and become history, we believe the stock / sector can enjoy a meaningful recovery.
While February presents a definite wildcard MM likes EHE believing they’ll be higher in the next few years plus their estimated 5.9% fully franked yield moving forward offsets some of Februarys risk
