Please provide a step by step explanation, both the active and passive portfolios have an initial capital of 1,000,000 and the initial closing prices were all selected dated from Sept 27 2021 I am not sure how to calculate the quantity for the following stocks, I am using a 130 30 strategy, please help me I am not sure if the following stocks fit an active portfolio strategy or if this is how to a 130 30 stock selection Security Name Symbol Weight Initial Price Quantity Total Cost Uniti Group Ltd UMG AX 25 00 $12 50 $0 00 Nickel Mines Ltd NIC AX 25 00 $0 98 $0 00 MegaPort Ltd MP1 AX 25 00 $17 21 $0 00 Idp Education Ltd IEL AX 25 00 $33 34 $0 00 Commonwealth Bank of Australia CBA AX 15 00 $104 59 $0 00 Imugene Ltd IMU AX 15 00 $0 49 $0 00 Additionally, how do I calculate the no of shares for these stocks as well Security Name Symbol Weight Initial Price No of Shares Total Cost ANZ Group Ltd ANZ AX 10 00 $27 77 $0 00 Afterpay Ltd APT AX 10 00 $129 53 $0 00 CSL Ltd CSL AX 10 00 $306 26 $0 00 Newcrest Mining Ltd NCM AX 10 00 $22 83 $0 00 REA Group Ltd REA AX 10 00 $166 69 $0 00 RIO Tinto Ltd RIO AX 10 00 $100 47 $0 00 Telstra Corporation Ltd TLS AX 10 00 $3 98 $0 00 Westpac Banking Corporation WBC AX 10 00 $25 46 $0 00 Woodside Petroleum Ltd WPL AX 10 00 $22 88 $0 00 Xero Ltd XRO AX 10 00 $149 95 $0 00

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Question: Please provide a step-by-step explanation, both the active and passive portfolios have an initial capital of 1,000,000 and the initial closing prices were all selected

Please provide a step-by-step explanation, both the active and passive portfolios have an initial capital of 1,000,000 and the initial closing prices were all selected dated from Sept 27 2021.

I am not sure how to calculate the quantity for the following stocks, I am using a 130/30 strategy, please help me. I am not sure if the following stocks fit an active portfolio strategy or if this is how to a 130/30 stock selection.

Security Name	Symbol	Weight	Initial Price	Quantity	Total Cost
Uniti Group Ltd.	UMG.AX	25.00%	$12.50		$0.00
Nickel Mines Ltd	NIC.AX	25.00%	$0.98		$0.00
MegaPort Ltd	MP1.AX	25.00%	$17.21		$0.00
Idp Education Ltd	IEL.AX	25.00%	$33.34		$0.00
Commonwealth Bank of Australia	CBA.AX	15.00%	$104.59		$0.00
Imugene Ltd	IMU.AX	15.00%	$0.49		$0.00

Additionally, how do I calculate the no of shares for these stocks as well?

Security Name	Symbol	Weight	Initial Price	No of Shares	Total Cost
ANZ Group Ltd	ANZ.AX	10.00%	$27.77		$0.00
Afterpay Ltd	APT.AX	10.00%	$129.53		$0.00
CSL Ltd	CSL.AX	10.00%	$306.26		$0.00
Newcrest Mining Ltd	NCM.AX	10.00%	$22.83		$0.00
REA Group Ltd	REA.AX	10.00%	$166.69		$0.00
RIO Tinto Ltd	RIO.AX	10.00%	$100.47		$0.00
Telstra Corporation Ltd	TLS.AX	10.00%	$3.98		$0.00
Westpac Banking Corporation	WBC.AX	10.00%	$25.46		$0.00
Woodside Petroleum Ltd	WPL.AX	10.00%	$22.88		$0.00
Xero Ltd	XRO.AX	10.00%	$149.95		$0.00

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