Managed funds

[Mos]

I'm also feeling now is not the right time to apply fresh capital with global growth funds. Plenty of froth in some of the tech stocks and a S&P500 ETF has a lot of exposure to it.  Even a global fund like Simplicity's one has a high allocation to it based on its market capitalization.

Very disappointing to see the Middle East back into complete turmoil again.

This insights article from Nicholas Bagnall of Te Ahumairangi highlights the frothiness of tech stocks outside the magnificent seven quite well.

https://teahumairangi.co.nz/research-and-commentary/many-of-the-next-tier-of-tech-companies-are-far-more-expensive-than-the-magnificent-seven/[/url]

[Shareguy]

Discovery's number 1 holding GDG up 38 percent yesterday.

[Stoploss]

Have they still got that holding ? Didn't see a bounce $ 2.39 today , down 8.2 % for the month .

[Shareguy]

Have they still got that holding ? Didn't see a bounce $ 2.39 today , down 8.2 % for the month .

It was in last months update, but yes could have sold it since. Today's update also a shocker down nearly 10 percent for the month. OUCH....