Mandate Memo - 20th March 2026
Another tough session
Fund Stats:
Bal Start: $991,293
Bought: CCL, WDS
Sold: None
Bal End: $984,358
Cash: $660,246
Market Commentary
It was another tough session, ASX following the US down. Oil price went higher from Middle East tensions making energy the best sector of the day. Oil is not the only commodity under pressure. LNG issues are also expected to be a future problem should the tensions not cease. A position in WDS was initiated to gain exposure to both the LNG market. Gold miners fell due to the drop in gold price.
Investment Rationale
Disclaimer: This is a simulated portfolio. Content is for educational purposes only and does not constitute financial advice. Always do your own research.