The fall in interest rates pushed the Australian stock market higher in June, the sixth consecutive up month. With defensive stocks in keen demand, our model income portfolio has returned almost 20% in 2019.
In the sixth review for 2019, we look at how our model income and growth portfolios performed in June.
The purpose of these portfolios is to demonstrate an approach to portfolio construction. As the rule sets applied are of critical importance, we provide a quick recap on these.