Diversified Portfolios - Intelligent Investor Equity Income - 30 April 2017

Intelligent Investor Equity Income April Report

With the banks making up a quarter of the All Ordinaries Index, it’s hard to keep up when they’re on a charge. So it was for the Intelligent Investor Equity Income Portfolio in the March quarter, which managed a gain of 2.5% compared to the 4.5% achieved by the All Ords.

We didn’t help ourselves, though, with a couple of ‘unforced errors’ with GBST and OFX Group, on which we lost 21% and 15% respectively. These were balanced by gains of 15% on Crown Resorts, 14% on Computershare and 12% on Woolworths.


PERFORMANCE TO 30 APRIL 20171 MONTH3 MONTH6 MONTH1 yearSI* (P.A.)
Intelligent Investor Equity Income Portfolio 1.82% 6.00% 8.83% 15.31% 14.94%
ASX All Ordinaries Accumulation Index 0.78% 6.13% 12.41% 16.65% 9.49%
Excess to Benchmark 1.04% -0.13% -3.58% -1.34% 5.45%

 

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