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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