Moore Stephens Spring Wealth Management update covers the following:
- Equities: The Lost Decade
- Superannuation: Nominating a Beneficiary
- Model Equity Portfolio Update
Equities: The Lost Decade
On 31 August 2006 the ASX200 closed at 5115. Nine years later - on 31 August 2015 - the ASX200 closed at 5207, barely 2% higher. Investors in equities are supposed to be rewarded for risk, but after almost an entire decade they have seemingly received next to nothing.
We have examined rolling 9 year returns since 19921 and found the average index return over the period was 64%. The best period was 164% and the worst period has been the last 9 years ending 31 August at 2%.
Click here to read the full version of our Spring Wealth Management Update 2015.
Should you have any queries in relation to the above, please do not hesitate to contact the author or your Moore Stephens relationship partner.
Contact
Martin Fowler
Partner, Wealth Management
Moore Stephens Sydney
T +61 (0)2 8236 7776
mjfowler@moorestephens.com.au
On the 1st November 2015 Moore Stephens Sydney is merging with Pitcher Partners Sydney creating a new Pitcher Partners Sydney practice. The new practice will be an independent member of the Pitcher Partners Association and Baker Tilly International Network.
Read our Merger – Questions and Answers for further information.
