9 Jul 2021
Friday Tidbit
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The numbers are in and they are spectacular for passive investing.
For example, if you bought all the good and all the bad listed companies in the ASX200 and in proportion to their market capitalisation you would have made a 24.0% index return for the 12 months to 30 June 2021.
This is an outsized performance number.
The real eye popper however is iron ore which has jumped up 206.0% in price and is a big reason for why the Australian economy is doing so relatively well during this COVID-19 Pandemic.
Remember, past performance is no guarantee of future performance.
Click for table.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.
