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home / news releases / PMCUF - Project $1M: The Market Strikes Back


PMCUF - Project $1M: The Market Strikes Back

September marked a very significant point for Project $1M portfolio because, for the first time in almost a year, the portfolio has underperformed its benchmark index, the S&P 500. I will say that I am not surprised that this happened. I knew that the gap between the portfolios outperformance and the S&P 500 index would eventually close. However, September was a particularly painful retracement in that regard with Project $1M underperforming by almost 6%.

I mentioned last month that the heightened volatility in the markets and a shift back to value assets away from growth

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Stock Information

Company Name: Pro Medicus Ltd Ord
Stock Symbol: PMCUF
Market: OTC

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