InvestSMART Balanced Portfolio - September 2018
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Highlights
• The InvestSMART Balanced Portfolio produced a return of 3.82% (after fees) during the September Quarter.
• No changes were made to the portfolio during the September quarter
• Estimated yield on the portfolio is currently 2.95%
• Since inception the Balance portfolio has returned 6.52% per. annum (after fees)
The Vanguard MSCI index International Shares ETF (VGS) attributed 1.83% to the fund as US markets experienced their best quarter since the December quarter of 2013. VGS has a 63% exposure to US markets and the outlook remains robust for the world’s largest economy, as forward-looking economic indicators from the US have provided some of their strongest readings in two decades. International assets are also benefiting from the falling AUD.
The iShares Core S&P/ASX 200 (IOZ) attributed only 0.41% over the quarter as geo-political tensions (US-China trade wars) and the Banking Royal Commission also took their toll on the index. We expect the Australian market will underperform global peers again this coming quarter as bank funding increases and commodity prices moderate.
The Vanguard Australia Property Securities Index ETF (VAP) and iShares Core Composite Bond ETF added 0.23% and 0.11% respectively as Australian bond markets remained steadfast and property benefited from increase in rental yields .The Vanguard Global Aggregate Bond Index (Hedged) ETF (VBND) was the only part of the portfolio that contracted during the quarter, although it was very minor -0.06% and was due to the Federal Reserve increasing the Federal Funds rate in September.
Looking forward, our international equities holding is likely to remain the largest contributor to the portfolio. The outlook for the US in the final quarter is strong and it is highly likely that US markets will continue to outperform international peers.
Call 1300 880 160
Start a chat
Schedule a call
