LMI March 2016

Murdoch Gatti

York Wealth Management Pty Ltd

Broader Australian market performed poorly during the March quarter, with the ASX All Ordinaries Accumulation Index down 2.4%, taking the 12 month performance to a decline of 8.0%. Financials were a large drag with the S&P/ASX 200 Financials Accumulation Index down 7.2% due to a weak performance by the banks. A recovery in resources shares partly offset the decline in fSX 50 Accumulation Index declines of 3.9% for the quarter and 12.1% for the past 12 months. Overall market has staged a recovery with the ASX All ordinaries Index up 5.7% for the two months to 31 May 2016.inancials, with the S&P/ASX 200 Materials Accumulation Index up 4.6% for the quarter. Energy also outperformed the broader market with the S&P/ASX 200 Energy Accumulation Index down 0.8% for the quarter. Property performed exceptionally well with the S&P/ASX A-REITS Accumulation Index up 6.4% as investors continued their hunt for yield. Small caps have continued to outperform large caps, with the S&P/ASX Small Ordinaries Accumulation Index rising 1% over the quarter and 3.7% over the last 12 months. See attached for further details.

Murdoch Gatti
CEO | Wealth Manager
York Wealth Management Pty Ltd

York Wealth Management is a full service brokerage firm with strategic relationships with major financial institutions throughout Australia. Our core business is to build wealth for high net worth individuals by providing access to industry...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.