Australian and New Zealand NAPS 2024 1st quarter review Apr 4, 2024

Three months comes around quick and it is time for our first quarterly NAPS review for the 2024 Calendar year. If you wish to revisit the launch email of the Australian and New Zealand NAPS portfolio from January, including the selection criteria and the follow on from the previous year, please read it here. But just briefly, our Australia and New Zealand NAPS (No Admin Portfolio System) is run as an education tool and not intended to be taken as advice or portfolio recommendation. As the name suggests, we perform no changes to our very rudimentary selection of selecting the highest StockRank scores in each sector, for companies large enough for us to consider. For a reminder of the rules be sure to read that first article. This update is purely for the purposes of interest and is a shared learning exercise to see if a passive/stock specific fund can beat the market. As with the previous year, we are measuring the market as the Samp;P/ASX300, therefore we compare ourselves against the total return of the VAS Vanguard Australian Shares Index ETF as that is the closest way we can invest in the top 300. Remember: Past performance…