Diversified Portfolios - InvestSMART Diversified Income - 31 May 2017

InvestSMART Diversified Income Portfolio May Report

The InvestSMART Diversified Income Portfolio fell 0.6% (after fees) during May on the back of falls on the ASX.

With the ASX led lower by the banks, the iShares Core S&P/ASX 200 fell 2.8%, as did the Vanguard Australian Property Index ETF, which also fell 1.0%.

The fixed interest component of the portfolio produced positive returns, with the iShares Core Composite bond ETF returning 1.3% and the Macquarie Income Opportunities fund returning 0.5%.

Since inception, the portfolio has returned 4.6% per annum (after fees).

PERFORMANCE TO 31 MAY 20171 MONTH3 MONTH6 MONTH1 YEARSI* (P.A.)
InvestSMART Income Portfolio -0.58% 1.41% 4.16% 4.48% 4.59%
Morningstar Multisector Moderate Index 0.43% 2.32% 4.25% 4.68% 5.02%
Excess to Benchmark -1.01% -0.91% -0.09% -0.20% -0.43%
RBA Cash Rate plus 1% 0.21% 0.63% 1.26% 2.57% 2.89%
Excess to Objective -0.78% 0.78% 2.90% 1.91% 1.70%

 

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