List of Investments
Investments included in the Djerriwarrh’s portfolio are selected for their profitability and long-term growth prospects.
At the same time we concentrate on stocks where there is an active options market. This is intended to give scope for the writing of predominantly exchange traded options with the level of the portfolio ‘covered’ by call options typically ranging between 20 to 50 per cent of the total portfolio at any one time.
A list of Djerriwarrh’s 20 largest holdings as at 30 September 2019 is set out in the following table.
As part of our activities, the Company sells call options and put options. We may sell call options, but only against part or all of particular securities held by the Company. Put options are sold as an opportunity to acquire stock at advantageous prices. We have cash or undrawn banking facilities available to buy the underlying securities if all puts are exercised.