We’ve made some changes to the Multi-Asset Managed Account Portfolio

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Morningstar All Growth | Managed Account Portfolio - Trade Update

At a glance ….

February reporting season played out against rising inflation, higher interest rates and escalating Middle East geopolitical tensions driving heightened market volatility and differentiated share price reactions.

A position in Aristocrat Leisure has been initiated on valuation grounds following share price weakness, funded by trimming broad Australian equity exposure. We also modestly increased unhedged global equities via the Morningstar Global Opportunities Fund to maintain target growth exposure.
Exposure in Goodman Group was increased amid interest rate driven weakness in Australian property stocks, funded by reducing platform cash.

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