Looking back to the end of December 2011, our portfolios (on average) outperformed the ASX 200 by approximately 6.4%. This was due to our portfolios being positioned in the sectors that earned the greater profits over the last 12 months (banks and resources). Another big help for our portfolios was the participation of BHP's buyback where we earned a great return from the franking credits associated with the deal.
December 2011 Investment Report
Earnings – Looking for Growth in 2012 ?
At the time of writing this report the month of November saw the ASX 200 drop 200pts or - 4.7%. The rollercoaster between black and red continues however we have been using the red to buy quality at compelling yields of 7% plus 3.5% franking credits in all of the big 4 banks. Whilst the European crisis is being played out we have seen that buying around the low 4100 point level has rewarded long term investors. We have seen on at least four occasions in the last 5 months the ASX 200 continuing to find support base around the 4100 level. So whilst we may be looking for growth we have focused on what income we can earn from investments.













