Australian (ASX) Stock Market Forum

GEAR - BetaShares Geared Australian Equity Fund (hedge fund)

8 June 2008
If you have the time, better to use call/ put option on indexes but, you can pay a fortune for options brokerage fees, may not have access to these and it is more comfortable to deal with stocks like gear/BBOZ..options are a world and language of their own
20 July 2021
GEAR is my pick for the competition in October

i do not hold GEAR yet, but expect it to hit some 'headwinds' in the rest of September , potentially giving me a chance to dip my toe in the water , however in October i am thinking the US will throw a massive stimulus plan ( or market bailout ) to rescue the mid-term elections in early November ( and am thinking our ASX will get a boost from that action )

PS if i can get an entry-point i plan to CAREFULLY accumulate GEAR into the longer term ( as i expect an L-shaped recovery going into 2023 )

Top 10 Holdings .. Portfolio Turnover 6.57%​

BHPBHP Group Ltd9.97%
CBACommonwealth Bank of Australia8.06%
CSLCSL Ltd6.86%
NABNational Australia Bank Ltd4.77%
WBCWestpac Banking Corp3.67%
Top 10 Holdings
ANZAustralia and New Zealand Banking Group Ltd3.30%
WDSWoodside Energy Group Ltd3.13%
MQGMacquarie Group Ltd3.10%
WESWesfarmers Ltd2.58%
TLSTelstra Corp Ltd2.23%

unlike many portfolios

of the top ten in this fund , i hold BHP , ( a trivial amount of ) WBC , WDS , MQG ( 'free-carried ' ) and WES so my concentration risk is lower than many investors