Our defensive positioning has done VERY well over the last few weeks and Woolworths has outperformed the index by 16.5% since entry, effectively doing its job in protecting the portfolio
There are now many great opportunities in the market and we are recommending to return to cash and look at other options like CSL, MQG, GMG, WTC that are now trading at an attractive valuation
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.