Q: Well Health has had a very nice run as of late and you seem fairly confident in its continued growth.
It is now about 3.5% of Total Portfolio. At what level do you think it would be good to trim since it is a small cap? Let it run, or take a bit off the table;)
It is now about 3.5% of Total Portfolio. At what level do you think it would be good to trim since it is a small cap? Let it run, or take a bit off the table;)
5i Research Answer:
We like that momentum has finally picked here, and the talk of a spin out of a division should continue to generate interest. We cannot comment on personal position sizes but would reference our Model Growth Portfolio, which currently is holding a nearly 5% position in WELL. Other than for portfolio risk management we would not view it as a sell.