Australian Fund Monitors’ two model equity portfolios posted disappointing results in February with concerns that January’s sell off would continue not coming to pass and the half yearly reporting season showing the importance of stock picking in the current market.
The E5 portfolio fell by 2.04 per cent in February, while the E10 portfolio fell 0.97 per cent.
The A5 Alternative Portfolio fared better, posting a marginally positive return of 0.09 per cent.
Since inception in October 2006, overall performance from all three multi manager portfolios continue to provide strong annualised returns with low downside and standard deviation.