Q1, FY20 returns

I had a great start to FY20 hitting 12.45% returns against the benchmark of 2.72%. This was primarily realised by KGN, DDR and DMP, which combined, make up nearly 40% of my portfolio. Just goes to show the benefits of concentration. DDR is hard to value right now as the share price as run hard … More Q1, FY20 returns

Rebalancing

So far this financial year DDR has continued the golden run, surging into the $7 bracket. I sold 60% of my holdings on the way up, at $6.08 and $7.21, to rebalance DDR back inline with my key portfolio holdings. I’m a long-term believer in DDR but it was getting heavy, and I’m not sure … More Rebalancing

FY 19 performance

I haven’t had time to document this but recently reviewed the close to FY19 and managed to outperform the benchmark again by 16.36% vs 14.1% for the VAS ASX300. This outperformance will be almost entirely erased by the capital gains bill that I will incur for the financial year just gone, so you could call … More FY 19 performance