Unitising a portfolio to determine returns

As a decade of flat or low returns dawn on investors, Simon Brown gives a tip on how to easily determine your portfolio’s historic returns.

By Simon Brown

as I write this in mid-February, the FTSE/JSE Top 40 Index is up 13.5% for the year so far and since the lows of March last year, the index has gained 85% (I took a double take and triple checked both stats because they’re wild). Now, sure the recovery from the bounce doesn’t really tell the story as the collapse saw the index down over a third from the January 2020 highs. The S&P 500 Index, the clear winner over the last year and last decade, has risen by a much more modest 4.7% so far in 2021. Not shabby, but well behind the Top 40. My point is twofold. First off, there is the old trope that you read on all investment disclaimers: Past returns are no guarantee of future…

You're reading a preview of

Finweek - English (Digital) - 1 Issue, 3/4/2021

DiscountMags is a licensed distributor (not a publisher) of the above content and Publication through Zinio LLC. Accordingly, we have no editorial control over the Publications. Any opinions, advice, statements, services, offers or other information or content expressed or made available by third parties, including those made in Publications offered on our website, are those of the respective author(s) or publisher(s) and not of DiscountMags. DiscountMags does not guarantee the accuracy, completeness, truthfulness, or usefulness of all or any portion of any publication or any services or offers made by third parties, nor will we be liable for any loss or damage caused by your reliance on information contained in any Publication, or your use of services offered, or your acceptance of any offers made through the Service or the Publications. For content removal requests, please contact Zinio.