October 2018
QUARTER TO 30 September 2018 |
The S&P/ASX 300 Accumulation Index returned 1.50% for the September quarter, with Communication Services and Health Care the top performing sectors and Materials and Utilities the weakest performers for the period.
The Australian S&P/ASX200 index was barely changed over the quarter, finishing at 6,207. This was against the backdrop of strong equity performance in the US where the S&P 500 closed up 7.1%. During the quarter, the market had to deal with the change in Prime Minister, however, investors are now considering the risks created in various sectors from a change of government.
Ralton Australian Shares portfolio
OFX Group delivered strong performance for the portfolio over the quarter after providing a positive update around business momentum for 1Q19.
Ralton High Yield Australian Shares portfolio
Woodside Petroleum has benefited from tightening oil and LNG markets and remains on track to grow its production to 100 million boe by 2020.
Ralton Smaller Companies portfolio
Mayne Pharma continued its strong performance during reporting season as the company confirmed that industry pressures that marred recent results continue to subside.
Ralton Leaders portfolio
Northern Star Resources’ growth strategy has delivered outstanding results at every level.