Growth Portfolio trades
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The Intelligent Investor Growth Portfolio has sold its holding of about 3.3% in Monash IVF at an average price of $1.76 and used the money to buy a 3% stake in Flight Centre at $30.39.
We still think Monash IVF offers reasonable value – as described in yesterday's update – but we're keen to take advantage of what we consider to be a better opportunity in Flight Centre. Given that we also have a holding in Virtus Health, we also wanted to reduce our overall exposure to the IVF sector.
Find out how you can invest directly in this and other Intelligent Investor and InvestSMART portfolios by clicking here.
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