Latest News 17th January 2018
The portfolio performance numbers provided by Hub24 and the manager reports for the fourth quarter of 2017 provided by Hub24 platform are now available on HUB24 and on this website.
The December quarter saw a gain of 19.46% after fees for the Managed Equity portfolio, easily the best performing managed account or managed fund for the period on the platform.
The portfolio of 20 stocks only had six stocks in the ASX200 index, but 5 of them were in the top six best performers in the ASX200 for the quarter. Some spectacular performances from Kogan (+66%). DRG (+84%), NRW (+30%), BSL (+36%), TPM (+19% and sold to make way for DRG!), TWE (+16%), HUB (+20%), CGC (+18%). These are the adjusted gains of the portfolio, which may not be the same as the actual returns of the securities over the quarter, owing to portfolio timings of buys and sells. Only two out of 20 holdings and trades lost money over the period.
More importantly, the three year annual rolling return improved to 16.5% per annum, retaining its record as the best performing Australian portfolio (after fees) on the $7 billion Hub24 platform.
The more conservative Income Plus Portfolio still gained 9.3% over the quarter, as its equity holdings like Bluescope, Kogan, and TWE helped, despite all the floating interest securities gaining less than 2%.
Reports for each may be found at the Investment Performance tab.