Peter Quinton wraps up FY14 and shares Bell Potters forecasts for the next 6 months
Peter Quinton wraps up FY14 and shares Bell Potters forecasts for the next 6 months. Looking forward the one year forward dividend yield on the Australian sharemarket is 4.6%, that is 80% franked. So it's still very attractive for investors searching for yield. As a result, we maintain our end of calendar 2014 index forecast for the Australian sharemarket of 5,850 on the ASX S&P200. Which means effectively we're looking at a 8.4% capital gain over the next 6 months and on top of that you'll also get dividend yield. Watch the 3 min video here: &feature=youtu.be
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.