December 2018
The S&P/ASX 300 Accumulation Index returned -2.18% for the month of November, with Financials and Information Technology the top performing sectors and Materials and Energy the weakest performers for the period.
The Australian market bucked the trend of key global markets which rose modestly during November. The reason for the divergence was our markets’ heavy exposure to Energy and Materials, which both underperformed.
Ralton Australian Shares portfolio
Woolworths Group strongly outperformed in November against a backdrop of continued weakness in the Australian equity market.
Ralton High Yield Australian Shares portfolio
Inghams Group continued to outperform in November as the market rewarded the company’s defensive qualities and multiple growth drivers.
Ralton Smaller Companies portfolio
OFX Group pulled back sharply, unwinding its recent outperformance, after releasing its results which did not meet the expectations of the market.
Ralton Leaders portfolio
Amcor Ltd the global packaging company, outperformed the market during November.