September 2024 Quarterly Update – SMID Australian Equity Portfolio

A solid start for Beacon Lighting and Nick Scali, despite short-term margin concerns for the latter. AMP shows strong growth in funds under management, reflecting a positive turnaround. The portfolio remains cautious on iron ore & coal due to China’s economic challenges, while maintaining copper positions in Capstone & Sandfire due to demand from manufacturing and EVs. Watch video to find out more.

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