Jamie Leinhardt
🔸 𝗠𝗢𝗡𝗧𝗛𝗟𝗬 𝗨𝗣𝗗𝗔𝗧𝗘 🔸 𝗠𝗼𝗻𝘁𝗵 𝟮𝟳 – 𝗝𝘂𝗹𝘆 𝟮𝟬𝟮𝟯 🟢 July Performance: a GAIN of 1.78% 🟢 A positive performance in July, but disappointingly behind our benchmark, $SPX500, which gained just over 3% during the month. I know I’m not going to beat the market every single month – my objective is to perform better than the market over the long term. Over the last 6 months, our portfolio is up over 17%, which is a good result when compared with the S&P 500 which gained less than 12% over the same period. Nvidia was by far our largest contributor during the month, continuing its strong performance with a gain of 10.5% in July. The stock is up a massive 123% in the last 6 months and now represents almost 12% of our portfolio. MSCI also performed well in July, registering a 16.8% gain, and was our second largest contributor (despite the larger percentage gain, our position in MSCI is much smaller than our position Nvidia) Our largest detractor was Nibe Industrier, a Swedish company that manufactures cooling and heating systems. There were no trades during the month. July performance: Performance of our portfolio: 1.78% 🟢 Performance of the 𝗦&𝗣 𝟱𝟬𝟬: 3.11% 🟢 Performance of the 𝗡𝗔𝗦𝗗𝗔𝗤 𝟭𝟬𝟬: 3.81% 🟢 𝗟𝗮𝗿𝗴𝗲𝘀𝘁 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗠𝗼𝘃𝗲𝗺𝗲𝗻𝘁𝘀: Top contributors: $NVDA (NVIDIA Corporation), $MSCI (MSCI Inc), $ASM.NV (ASM International NV), $FTNT (Fortinet Inc) Top detractors: NIBEB.ST I’ve included a chart displaying the current composition of the portfolio as at the end of 31st July 2023. The monthly factsheet is also available on my website: www.jamiemarc.com/factsheet.php Regards, Jamie
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