We are now approaching the home straight for our NAPS (No admin portfolio system) for Australia and New Zealand.
If you wish to revisit the launch blog post of the Australian and New Zealand NAPS portfolio from January, including the selection criteria, please read it here.
To re-read the 1st quarterly update you can do so here
To re-read the 2nd quarterly update you can do so here
As a reminder, the Australia and New Zealand NAPS (No Admin Portfolio System) is run as an education tool and is not intended to be taken as advice or portfolio recommendation. As the name says, we perform absolutely no changes to our very rudimentary selection process, irrespective of how bad a stock may turn throughout the year.
All we do within the portfolio is select the two highest StockRank scores at the start of the year, in each sector, large enough for us to consider.
This update is purely for the purposes of interest. True to word, we will not make any changes, irrespective of any shift in rankings (or personal biases). Rather, this is a shared learning exercise.
As mentioned in the last quarterly...
