Well that was a pretty exciting week… If I’d told you Monday afternoon that the market would end the week up, I bet you wouldn’t have believed me…
Monthly Archives: August 2015
Despite falls in our 2 largest holdings exceeding that of the market, we again outperformed this week. It was a relatively quiet one in terms of our holdings, however good results from two of our larger & more liquid holdings (Challenger & Medibank Private) assisted our above market result.
We had a good result relative to the market this week. We are within a quarter of one percent of our all-time highs, while the market is more than 8% off its high set back in March.
A position was eliminated from the fund last week. And a new one started. As is my custom, I will discuss the sold position.