Q3 was another excellent result, returning +14.59% against the benchmark return of -4.04%. YTD return for the financial year so far is +77.05%. My only trade for the quarter was purchasing Webjet.
Kogan again contributed a significant proportion of the return, but the standout in percentage growth was Spirit Telecom, rising 70%.
I am constantly re-evaluating my portfolio to see whether a sell decision is warranted, but haven’t had justification to do so yet, and have lacked a good enough opportunity to warrant freeing up additional cash.
Current portfolio breakdown:
KGN: 41.7%
REH: 12.8%
AVJ: 12.6%
DDR: 3.1%
ST1: 8.9%
WEB: 1.6%
FMG: 6.9%
Cash: 12.4%
