We’re already 10 days into August, and I’m finally here to share the Fully Franked Fund performance for July 2018.
But the timing is actually Fantastic, as one of the Fund members has EXPLODED today – in a good way! More on that soon…
I also have two new stocks in the Fund as I shared in the last post – IOOF and Platinum Asset Management, but they won’t show up until the August 2018 results are presented.
But let’s look at where things stood at the end of July 2018…
The end of July marked three months in a row with no purchases – until our recent look at 6 suffering stocks, two of which have since been added to the fund post 31 July 2018.
As usual, another $2,000 of cash has gone in, increasing the cash balance to $21,485, and the share portfolio has increased by $1,126, sitting at $41,421.
Individual Stock Returns
The tide appears to be turning – we now have three stocks in the green.
Baby Bunting has been the big mover this month, adding $740 to the Fund to go from red to green (but wait until you hear about what it’s done today!)…