The InvestSMART Core Growth Portfolio produced a return of 0.2% (after fees) during May.
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 fell 1.0%.
International markets fared much better, with the portfolio’s international ETFs returning 2.8%. Fixed interest and cash also produced positive results.
Since inception, the Core Growth Portfolio has returned 8.0% per annum (after fees).
|PERFORMANCE TO 31 MAY 2017||1 MONTH||3 MONTH||6 MONTH||1 YEAR||SI* (P.A.)|
|InvestSMART Core Growth Portfolio||0.21%||3.99%||8.22%||8.75%||8.04%|
|Morningstar Multisector Growth Index||0.13%||3.59%||7.26%||8.30%||8.79%|
|Excess to Benchmark||0.08%||0.39%||0.96%||0.44%||-0.75%|
|RBA Cash Rate plus 3%||0.37%||1.13%||2.27%||4.64%||5.01%|
|Excess to Objective||-0.17%||2.86%||5.95%||4.11%||3.03%|
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