We understand that many of our investors are concerned by the ongoing pullback in Australian house prices, and are now worried about this having an impact on their stock portfolios.
As prices move from a long overdue correction, potentially into a serious meltdown, it is easy to see how this will have an increasing effect on companies whose profit margins rely on the housing market.
Therefore, we are pleased to announce a new portfolio screen, called Limit Australian Housing Exposure which removes Australian developers, Banks, REIT’s and housing-related consumer staples.
If you are an investor – head over to your MB Fund Client Portal and update this change in the Ethical Screens page. We will make the change within a week of selecting it for you.
Tim Fuller is Head of Operations at the Macrobusiness Fund, which is powered by Nucleus Wealth.
The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Tim Fuller is an authorised representative of Nucleus Wealth Management, a Corporate Authorised Representative of Integrity Private Wealth Pty Ltd, AFSL 436298.
- MB Fund Podcast: Will the Australian Property Market Crash or Climb? With Martin North - June 5, 2020
- MB Fund podcast: Will the Australian Property Market Crash or Climb? With Martin North LIVE 12:30 AEST - June 4, 2020
- MB Fund Podcast: Maybe more debt isn’t the answer? With Jonathan Rochford (edited & updated w/ podcast audio) - May 29, 2020