SHARE PRICE
NTA POST-TAX
NTA PRE-TAX
PORTFOLIO RETURN
(20 YEARS)
DIVIDEND YIELD1
CONSECUTIVE QUARTERLY DIVIDENDS PAID
1. Dividend yield is based on current displayed share price and dividends declared over the previous 12 months
2. Grossed up yield is based on current displayed share price, dividends declared over the previous 12 months and the tax rate and franking percentage applicable for the most recently declared dividend
SUMMARY
- The Portfolio returned 3.0% in June, while the benchmark returned 1.6%, as strong global equity returns were somewhat offset by the strength of the Australian dollar.
- Global equities delivered strong gains in June, driven by technology stocks.
- Inflation continues to slow, encouraging expectations that interest rates will fall across developed economies in the second half of the year, especially boosting growth stocks.