The Growth portfolio, unlike its Income cousin, has the more audacious goal of chasing market-beating returns by investing in companies with higher growth prospects, with correspondingly higher risks of course. Higher returns are the aim.
So far, the portfolio hasn’t met that goal. While outperforming the All Ordinaries Accumulation Index (Index) by 1.2% a year since inception in 2001, it lags the Income portfolio by 5.5%. That’s the bad news. What of the good?