|Day Low/High||0.02 / 0.02|
|52 Wk Low/High||0.01 / 0.55|
Last week was a busy one for the portfolio as we exited 3 positions.
With MoneyOnMobile plunging, we are downgrading it to a Three rating.
There were several bright spots in the portfolio last week, including Habit Restaurants and USA Technologies.
We exited two positions last week, but increased the size of three others.
The portfolio had several big winners last week as shares of Habit Restaurants and Energy Recovery soared.
We're buying more shares of MoneyOnMobile on recent weakness in the provider of digital payment services.
We trimmed one position and added to another last week as smaller-cap stocks took a hit.
During a week that showed little change for the major stock market indices, the portfolio had a number of outperformers.
Similar to the Russell 2000 trading off last week so too did a number of our holdings, although there were bright spots as well.
It was a good week for the portfolio, as a large majority of positions outperformed the market.
A key reason for adding MoneyOnMobile to the portfolio is that it is well positioned to serve India’s underbanked population.
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