It’s the end of the tax year, so I thought I would do a little portfolio review. It’s generally more convenient for me to do my accounting based on the tax year, as opposed to calendar years.
My personally-selected portfolio returned around 28% for the year, which compares favourably with the FTSE ALL SHARE INDEX (FTSE:ASX) of 9%. That sounds great, but when you consider that the FTSE 250 MID INDEX (FTSE:MCX) returned around 22%, and I am heavily invested in mid- small- caps, there is nothing to be impressed about. The portfolio is net of all transaction costs, but ignores dividends, special dividends, and any CGT liability. Some of that portfolio will be protected within ISAs. My dividend receipts were way down on last year, due to the high churn in my portfolio. I should learn to leave alone!
My OEICs did OK, gaining about 16%,which will include a distribution element. Again, that’s ahead of the ASX, but behind the MCX. I have held my OEICs for YEARS, some of them stretching back over at least 15 years. It is certainly…
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
