For calendar year 2021, the Superfluous Value portfolio gained 29.7% in AUD, comparing favourably to the MSCI ACWI IMI which gained 23.5%. The declining Aussie Dollar proved a tailwind for the year, as I was up 23% when measured in constant currency (USD).
Fascinating to see your portfolio. Clearly tilted towards value. KT Corp’s profits increased a lot over the past year - do you know what drove this? Is there a 5G angle to it?
Fascinating to see your portfolio. Clearly tilted towards value. KT Corp’s profits increased a lot over the past year - do you know what drove this? Is there a 5G angle to it?
Still holding your LUK position?