July 2025 AI-Tech SMA Performance Report

PORTFOLIO PERFORMANCE

The AI-Tech Portfolio delivered a +12.0% return in AUD terms for July, marking a strong second month since inception and comfortably outperforming its benchmark, the Nasdaq Composite, which returned +6.2% in AUD terms. In USD terms, the portfolio rose +9.3%, with currency movements adding +2.7%, reflecting AUD weakness versus the USD over the month………(more)