underperformed

Opinion

Drop the crystal ball, stay diversified

The average diversified balanced portfolio returned 14.6 per cent after taxes and fees last calendar year and, while this was below the return from Australian shares, it shows the importance of diversification. Now is not the time to switch to last year’s best performing asset class, according to Shane Oliver.
Opinion

Drop the crystal ball, stay diversified

The average diversified balanced portfolio returned 14.6 per cent after taxes and fees last calendar year and, while this was below the return from Australian shares, it shows the importance of diversification. Now is not the time to switch to last year’s best performing asset class, according to Shane Oliver.