Growth and Income portfolios sell
The Intelligent Investor Equity Growth and Equity Income portfolios have sold one of their holdings.
Recommendation
Navitas Limited -
NVT
Buy
below 3.00
Hold
up to 3.75
Sell
above 3.75
SELL at $4.27
Current price
$5.82 at 16:35 (10 July 2019)
Price at review
$4.27 at (27 July 2018)
Max Portfolio Weighting
5%
Business Risk
Medium
Share Price Risk
Medium-High
All Prices are in AUD ($)
In line with last week's Sell recommendation, both the Intelligent Investor Equity Growth and Equity Income portfolios have sold their entire weightings of Navitas – around 3.3% each – at an average price of $4.21.
Find out how you can invest directly in these and other Intelligent Investor and InvestSMART portfolios by clicking here.
Our Intelligent Investor Equity Income Portfolio is now available as a listed fund trading under ASX code: INIF. Holdings in the fund will mirror our current Equity Income Portfolio and have the same low costs, but you'll be able to buy it on the ASX.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
Recommendation
Navitas Limited -
NVT
Buy
below 3.00
Hold
up to 3.75
Sell
above 3.75
SELL at $4.27
Current price
$5.82 at 16:35 (10 July 2019)
Price at review
$4.27 at (27 July 2018)
Max Portfolio Weighting
5%
Business Risk
Medium
Share Price Risk
Medium-High
All Prices are in AUD ($)
People who read this, also read...