Dear %%first_name%%,
Regular readers of the Switzer Super Report know that we’ve been forecasting a stronger US dollar for some time, and have positioned our SSR portfolios for this. The recent pullback in the Aussie dollar shows that this is not far off, and today we have Charlie Aitken joining our stronger US dollar team.
Charlie says we all have too much exposure to Australian tax effective yield assets in Australian dollars and suggests companies like Crown, Servcorp and Westfield Corp as providing good exposure to a rising US dollar.
Also in the report today we have our monthly Takeover Talk report – iSelect joins the team, and Ron Bewley is back from holidays with a review of his yield portfolio.
Financial markets veteran George Lucas is our My SMSF for today, in Buy, Sell, Hold – what the brokers say BHP gets an upgrade, and in Questions of the Week we look at the ABCs of LICs and ETFs.
Sincerely,
Peter Switzer