Model Portfolios: March performance

About the author:

Author name:

By Tom Sartor

Job title:

Senior Analyst

Date posted:

16 April 2015, 2:29 PM

Sectors Covered:

Junior (Emerging) Resources, Bulk Materials

A wave of dividends wasn't enough to tip the market into positive territory in March, with the ASX200 accumulation index essentially trending flat.

Modest gains among the financials and healthcare names weren’t enough to offset significant falls in mining and energy stocks as commodities again stumbled.

So it was pleasing that all four Morgans equity portfolios outperformed the market by 1-2% in March.

The growth portfolio was again the star performer with sharp stockpicking in names like Macquarie Group, Domino's, Beacon and Shine reaping rewards here.

Recent performance versus benchmark

Changes for April 2015

Please login to view further metrics on each portfolio and to read the rationale for any changes we have made to our portfolios for April. This report also includes updates to our property portfolio, fixed income portfolio and cross asset portfolio.

More information

If you are interested in finding out more, please contact your Morgans adviser or nearest Morgans office.

Disclaimer(s): Analysts may own shares in some or all of these companies. The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents ("Morgans") do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.