The Australian market bounced back from its August drop solidly during September with the ASX 200 Index posting a 1.27% gain (1.84% including Dividends). Against this backdrop, our Individually Managed Portfolio’s (IMP) models enjoyed an excellent month with all four models outperforming their respective benchmarks by an average of 131bps (please refer attached for further detail however the breakdown for the month was IMP100I +17bps, IMP100T +56bps, IMP200 +183bps, and IMP300 +269bps). Meanwhile, against a strong market move the high Yield Managed Portfolio’s (YMP) was unable to outperform the market but certainly delivered a solid 1.03% return well ahead of its income objectives.
Performance Summaries for each Individually Managed Account type:
- IMP 100I Portfolio & Yield Report 30SEP19
- IMP 100T Portfolio & Yield Report 30SEP19
- IMP 200 Portfolio & Yield Report 30SEP19
- IMP 300 Portfolio & Yield Report 30SEP19
- YMP Portfolio & Yield Report 30SEP19
Performance Summaries for each Individually Managed Account type: