Jamie Leinhardt
๐Ÿ”ธ ๐— ๐—ข๐—ก๐—ง๐—›๐—Ÿ๐—ฌ ๐—จ๐—ฃ๐——๐—”๐—ง๐—˜ ๐Ÿ”ธ ๐— ๐—ผ๐—ป๐˜๐—ต ๐Ÿฎ๐Ÿฏ โ€“ ๐— ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ ๐ŸŸข March Performance: a GAIN of 8.69% ๐ŸŸข Our portfolio performance was outstanding in March, with a massive gain of over 8%. Having a high exposure to the technology sector definitely acted as a tailwind. We significantly outperformed our benchmark, $SPX500, but were very slightly behind the tech-focused $NSDQ100 which was up over 9%. I made no significant changes to the portfolio composition during the month, maintaining heavy exposure to technology and consumer goods. I do intend to make a few changes next month, predominantly to cut a few of our more disappointing performers, however I donโ€™t expect this to impact our sector allocation significantly. Overall, Iโ€™m very pleased with our performance in March and hopefully my copiers are too. I feel like the market might be back on track, although we shouldnโ€™t become complacent as thereโ€™s still the potential for future weakness depending on what happens to interest rate and inflation expectations. My concentrated yet diversified portfolio of good companies will hopefully continue to perform well going forward. March performance: Performance of our portfolio: 8.69% ๐ŸŸข Performance of the ๐—ฆ&๐—ฃ ๐Ÿฑ๐Ÿฌ๐Ÿฌ: 3.51% ๐ŸŸข Performance of the ๐—ก๐—”๐—ฆ๐——๐—”๐—ค ๐Ÿญ๐Ÿฌ๐Ÿฌ: 9.46% ๐ŸŸข ๐—Ÿ๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜€๐˜ ๐— ๐—ผ๐—ป๐˜๐—ต๐—น๐˜† ๐— ๐—ผ๐˜ƒ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€: Top contributors: $NVDA (NVIDIA Corporation), $MC.PA (LVMH Moet Hennessy Louis Vuitton SA), $MSFT (Microsoft) Top detractors: DIM.PA, POOL Iโ€™ve included a chart displaying the current composition of the portfolio as at the end of 31st March 2023. The monthly factsheet is also available on my website: www.jamiemarc.com/factsheet.php Regards, Jamie
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