Tracking the fund managers' picks
At Livewire Live, each Australian fund manager panellist was asked to make a stock pick for the coming year. We've built a Sharesight portfolio with their picks (and the picks from last year). Each buy trade was made the day of their pick and we assumed $10,000 invested in each company inclusive of brokerage costs. All dividends are reinvested.
The picks from 2015 have had a full year to perform, and the managers made excellent calls. Total (annualised) return is 32.43%, or a $10,062.31 gain:
We'll keep track of the portfolio's performance versus the STW, which tracks the ASX200. For the whole portfolios, the fund managers have outperformed the benchmark, 11.20% vs. -1.89% over the past 12 months (note: our benchmarking feature assumes that you’d invested equal amounts of money in both for the duration of the reporting period - more on this can be found here).
Too early to assess performance on the entire portfolio, but we'll keep track and post periodic performance updates.
Track the Livewire Live portfolio
We've made it easy to track the fund managers' picks. Simply visit our community forum and request to have the portfolio shared within your Sharesight account. New clients, get started by signing-up for a FREE account!
Portfolio updates
FURTHER READING
Not all stock screeners are created equal — here's how to choose wisely
With thousands of securities to choose from, a stock screener is more than a filter — it's a decision framework. Here's what to look for.
Future focus: The perils of the new financial system
This International Women’s Day, Shani explores the risks of the new financial system, and how they mirror those of the established system.
Why investors are more informed, yet less confident than ever
More information doesn't always mean more confidence. Learn what's driving the client engagement gap and how advisers can close it.