2015: End of year wrap – part 1

Research director James Carlisle takes a look at Intelligent Investor's performance in 2015 and looks ahead to next year.

Shares go up, shares go down, goes the expression, and it pretty much sums up the Australian sharemarket experience in 2015. From its level of 5,389 at the beginning of the year, the All Ordinaries raced up 10% to 5,955 by the end of April, before slumping all the way back to 4,984 at the time of writing – 8% below where it started. When you consider dividends, investors have finished the year with a small loss, which is not as bad as the headlines would have you believe.

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