Despite gains of 5.8%. 5.6% and 7.4% in January for the Dow, S&P 500 and NASDAQ respectively, the Australian sharemarket ended marginally down. The S&P/ASX 200 lost 0.45% in the month.
Our model portfolios both finished marginally in the black, and outperformed the benchmark index.
In our first review for the year, we look at how our income and growth portfolios performed in January.