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 2017||1 MONTH||3 MONTH||6 MONTH||1 YEAR||SI* (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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