A great start to the new financial year – portfolios power ahead in July

Co-founder of the Switzer Report
Print This Post A A A

With the Greeks agreeing to the inevitable deal to stay in the Euro, the Australian share market started the financial year on a high note, adding 4.4% in July and making up for most of June’s loss. Lower commodity prices and a weaker Australian dollar (AUD) were the dominant investment themes.

Our portfolios powered ahead, performing better than the market to increase their relative outperformance.

For the first seven months of the calendar year, the income portfolio has outperformed the index by 2.78%, while the growth portfolio is 4.18% higher than the benchmark return.

Also from this edition