Concerns that the impact of the coronavirus would severely curtail economic activity sent the share market tumbling in the last week of February. After posting record highs mid-month, the market ended with a net loss of 7.7% for the month.
Our model portfolios, which are long-only portfolios, followed the market lower to give up all their gains for January and finish in the red.
In this our second review for the year, we look at how our income and growth portfolios performed in February. We have also made some small changes.