2019 ASX Alphabet Challenge
Due to my interest in the Australian market and learning more about investing, I have challenged myself to create a fictional fund of 26 ASX listed stocks, one stock code for every letter of the alphabet, ending on the 20th December 2019. This is purely for entertainment/personal education purposes, and does not in any way constitute actionable insights or ideas.
There’s definitely stocks I’ve picked that I would not put my own funds in, but am including them out of interest in the company or product/services. I am using this challenge to learn more about the 26 chosen stocks throughout the year, and understand they operate and plan to grow moving forward. I am also fascinated to see how this fictional portfolio performs over the year, given the minimal time and reasoning behind the stock choices.
I have equally weighted $1,000 (rounded down) to each stock, with the starting value of the portfolio not exceeding $26,000. The companies are all listed on the ASX and I am not able to make any trades during the year, regardless of what happens to the company. There are no other restrictions on which stocks I choose; any market cap, industry and P/E ratio. LICs/REITs/ETFs are all open for business! To make it easier I’m also disregarding brokerage for the purposes of this experiment.
To get started I have added all of my 26 stocks to a hypothetical portfolio using the free InvestSMART Portfolio Manager tool, and have set the purchase price as the close price for each stock on the 20th December 2018. My list of stocks for ‘ATOZ Capital Fund’ are as follows:
APX — Appen Limited
BEN — Bendigo and Adelaide Bank Limited
CGF — Challenger Limited
DHG — Domain Holdings Australia Limited
ELO — Elmo Software Limited
FOR — Forager Australian Shares Fund
GTK — Gentrack Group Limited
HUB — Hub24 Limited
IFL — IOOF Holdings Limited
JHG — Janus Henderson Group PLC
KTD — Keytone Dairy Corporation Limited
LVT — Livetiles Limited
MOAT — VanEck Vectors Morningstar Wide Moat ETF
NAN — Nanosonics Limited
ORA — Orora Limited
PME — Pro Medicus Limited
QAN — Qantas Airways Limited
RBL — Redbubble Limi
STW — SPDR S&P/ASX 200 Fund
TGR — Tassal Group Limited
URW — Unibail-Rodamco-Westfield
VRL — Village Roadshow Limited
WGN — Wagners Holding Company Limited
XRO — Xero Limited
YMAX — Betashares Aus Top20 Equity Yield Max Fund
Z1P — Zip Co Limited
If you replicate this challenge, I’d love to hear your selections and how you fare, all in the name of entertainment and learning!
Merry Christmas,
Kate