1st Quarter 2016 Performance – Income Strategies
The S&P ASX 200 (ASX: XJO) lost 4.02% — its third quarterly decline in four — leaving it down 13.73% from 12 months earlier. Of the major sectors, the best performances came from industrials and materials at 4.74% and 3.27% respectively. Financials, the largest index component by market capitalisation, fell by 8.3%.
Globally Nikkei lost 5.2%, The FTSE erased 3.3% and China plunged 14.5%. In the US the Dow Jones industrial average and S&P 500 bucked the global trend finishing the quarter up 1.49% and 0.77% respectively.
HarbourSide Capital (HSC) 1st Quarter Performance as at 31st March 2016 – Both the HSC Income strategies have significantly outperformed the XJO.
HSC Income Accelerator Strategy (0.39%)*
HSC Australian Income Strategy (0.77%)*
Over the last 12 months
HSC Income Accelerator Strategy (1.14%)*
HSC Australian Income Strategy (5.25%)*
Note; Performance is net of fees
The outperformance can be attributed to HSC active approach to Investment Management.
For further information on the HSC income Strategies contact firstname.lastname@example.org or call + 61 2 9432 7850
HarbourSide Capital Pty Ltd (ACN: 166 765 537) an Authorised Representative (AR No. 448907) of HLK Group Pty Ltd (ACN: 161 284 500) which holds an Australian Financial Services Licence (AFSL no. 435746). Any information or advice contained on this marketing material is general in nature only and does not constitute personal or investment advice. All securities and financial products or instruments transactions involve risks
*Source; Interactive Brokers