The end of the Financial Year means that we have come to the half way mark of the NAPS (No Admin Portfolio System) for 2024T. If you are interested you can read:
Launch post hereFirst quarter review post here
As a reminder, our Australia and New Zealand NAPS is run as an education tool and not intended to be taken as advice or a portfolio recommendation. As it says in the title, we perform no changes to our basic selection of selecting the highest StockRank scores in each sector at the start of the year. Of course they need to be large enough for us to invest in as well. To remind yourself of the rules be sure to read the launch email.
This update is delivered in between reporting seasons for most businesses, however it is purely for the purposes of general interest and we share this learning exercise to see if a passive/stock specific fund can beat the market.
Just to refresh your memory, we are measuring the market as the Samp;P/ASX300, therefore we compare ourselves against the total return of the VAS Vanguard Australian Shares Index ETF as that is the...
