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01 October 2019 | Newsletters

Individually Managed Portfolios: Performance September 2019

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: