Posts about Performance (3)

During April, our equity portfolios significantly outperformed their benchmarks, bolstered by our defensive and underweight resources and bank stock exposures. The ASX rose 1.8% and the MSCI World rose 3.1%, our Australian portfolio rose 3.1% and our international rose 4.4%. Our tactical portfolios ...

During March, all of our portfolios outperformed their benchmarks, bolstered by our defensive and underweight bank stock exposures. Quality and growth stocks boomed, banks fell. The ASX fell slightly but our Australian portfolio rose 1.6% and our international rose 5%. Bonds rose around 3.5%.

Stock markets continued their on/off mode in January. This time it was on. The ASX 200 rose 6.2%. International stocks rose a similar amount, but the higher Australian dollar meant they only rose 3.0% in Australian dollar terms. Bond prices rose 3%, but most of that change was simply the reversal ...

Stock markets continued their on/off mode in December. This time it was off. Australian stocks fell 3.2%, international stocks fell a similar amount, but the higher Australian dollar meant they fell 5.4% in Australian dollar terms. Bond yields spiked higher mid-month following changes by the Bank ...

Stock markets boomed again in November. Australian stocks were up 7%, International stocks also boomed, but were held down by a higher Australian dollar. Bond markets rose. Mostly, performance was a reaction to slightly better inflation, perceived changes in tone from central banks and a shift in ...

Stock markets boomed in October after being smashed in September. International stocks were up 7%, Australian up almost 6%. Bond markets fell very slightly, but the long end actually improved. Over the past 12 months, our growth fund is down about 5% vs benchmark funds down around 8% due to our ...

Stock markets were smashed in September. The US market fell over 9%, but closer to -3% in local terms once the plummeting Australian dollar was included. The Australian stock market fell over 6%. Bond markets fell as well. Our portfolios fared much better than the indexes but finished down ...

August was a tale of two halves. Global markets rallied for the first half of the month, and then gave it all back. Finishing down 4% in US dollar terms and down 2.5% in Australian dollars by the end of the month. September has been following a similar pattern. While our Australian portfolio ...

After crashing lower in June, stock markets staged a comeback in July. The ASX rose 5% and International stock markets rose 6.4%. While our Australian portfolio outperformed on the back of a lower exposure to resources, our international lagged the world market due to a lower exposure to tech ...

June was the month that what we have been saying since the start of the year finally hit home, the ASX fell over 8%. International stock markets fell almost 5%, cushioned, for Australian investors, by the falling Australian dollar. Our equities portfolios are set for this environment and so our ...

After early weakness in May, stock markets bounced back strongly in the second half of the month. However, losses in June have erased those gains. Inflation continues to be the main issue, energy inflation emanating from Russian sanctions is key. Commodities continue to be the main story, ...

Stock markets started to slide in April and have accelerated to the downside in the early days of May. Commodities continue to be the main story, tremendously volatile. Over the last 12 months, iron ore more than halved, then added 50% and is now falling. Oil and gas have been similarly volatile. ...