September 2018
MONTH TO 31 August 2018 |
The S&P/ASX 300 Accumulation Index returned 1.40% for the month of August, with Healthcare and Telecommunication Services the top performing sectors and Materials and Energy the weakest performers for the period.
Domestically, the economy remains in a solid growth environment with strong migration growth, some new resource/energy capex projects in the pipeline, services continuing to grow, housing construction rolling over modestly and infrastructure spending being used to pick up some of the slack. On balance, there is solid support for segments of the domestic market.
Ralton Australian Shares portfolio
Star Entertainment Group reported a better than expected FY18 result which led to a strong bounce in August.
Ralton High Yield Australian Shares portfolio
Macquarie Group Ltd was a positive contributor to the portfolio during August.
Ralton Smaller Companies portfolio
Mayne Pharma Ltd continued its strong recent performance during reporting season
Ralton Leaders portfolio
Boral Ltd gained in August after reporting a better than expected FY18 Result.