In the May 2014 edition of Money magazine we compared Australia’s Top 10 stocks by market capitalisation against their global counterparts. We’ve just completed the process again: Australia’s Top 10 vs the world. You’ll be able to read our insights in Money’s August 2015 edition, on sale from 6 August).
To test our theory, we created a hypothetical $100,000 portfolio equally invested across the nine global stocks identified in the May 2014 article.
Including unrealised gains, dividends and currency gains, the stocks returned 29.9 per cent. By comparison the All Ords Accumulation Index returned 7.8 per cent. Skaffold’s global stocks outperformed the Index by 22.1 per cent, or 6.3 per cent if you exclude currency gains. That’s not too bad.