May 2018
MONTH TO 30 APR 2018 |
The S&P/ASX 300 Accumulation Index returned 3.78% for April, with Materials and Health Care the top performing sectors and Financials and Utilities the weakest performers for the period.
Domestically, the economy remains in a modest growth environment with the worst of the resource/energy capex wind down now over, services continuing to grow, housing rolling over and infrastructure spending being used to pick up some of the slack.
Ralton Australian Shares portfolio
Healthscope Ltd outperformed during the month after a conditional takeover offer was received from private equity group BGH Capital with the support of major shareholder Australian Super.
Ralton High Yield Australian Shares portfolio
The driver of strong peformance for Aristocrat Leisure during April was the release of more industry data which supported the favourable earnings momentum in its US business.
Ralton Smaller Companies portfolio
Speedcast International will continue to benefit from the growth in data connectivity needs in its key markets and, as the industry leader, is uniquely positioned to deliver a quality service with strong financial outcomes.
Ralton Leaders portfolio
BHP Billiton Ltd continues to benefit from strong prices for copper, iron ore and oil, which saw it add value to the portfolio during April after consolidating through March.