Growth Portfolio trades

The Growth Portfolio has reduced one of its largest holdings.

The Intelligent Investor Growth Portfolio has reduced its holding in Trade Me by about one percentage point – at a price of $5.32 – and increased its holding in Amaysim by the same amount, at $2.04.

Trade Me remains a Buy and we're very comfortable with it. However, its weighting (at 8.5%) was well above our 6% recommended maximum and we were keen to increase our investment in Amaysim, which is also a Buy.

See our article What we mean by Buy Hold and Sell for a fuller explanation of what our recommendations mean.

Find out how you can invest in this and other InvestSMART portfolios by clicking here.

InvestSMART FORUM: Come and meet the team

We're loading up the van and going on tour from April to June, with events on the NSW central & north coast, the QLD mid-north coast and in Perth, Adelaide, Melbourne, Sydney and Canberra. Come and meet the team and take home simple strategies that you can use to build an investment portfolio to weather any storm. Book your spot here.

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