Since 2015’s start, Skaffold’s Top 5 stocks – ANZ, Breville Group, Flight Centre, Nick Scali and REA Group – have gained about 7.4%, compared with the 6.6% achieved by the All Ordinaries Accumulation Index.
While this short-term performance is impressive, holding a concentrated portfolio and, indeed, limiting yourself to just the Australian market, which is dominated by the big four banks and mining companies, can limit the long-term performance of your portfolio.
So how do you capture the growth opportunities offered by global tech giants, pharmaceutical stocks, big oil companies and manufacturers that simply don’t exist in Australia? Simple. You need to take your share portfolio global.