For the first half of 2023, the Superfluous Value portfolio gained 10% in AUD, underperforming the MSCI ACWI IMI, which climbed 15.3% (also AUD). The weaker Australian Dollar added a slight tailwind, as I was only up 7.9% in USD. Since I began formally tracking my portfolio in Aug 2018, I have gained a cumulative 30%, underperforming the MSCI which has returned 41.6% (both in AUD) by 1.8% pa.
May i enquire if your portfolio include any chinese stocks, such as Ping An Insurance for instance? Also, what do you think of Jardine Matheson at current levels? Thanks
May i enquire if your portfolio include any chinese stocks, such as Ping An Insurance for instance? Also, what do you think of Jardine Matheson at current levels? Thanks