SHARE PRICE
NTA POST-TAX
NTA PRE-TAX
INVESTMENT PERFORMANCE1
DIVIDEND YIELD2
CONSECUTIVE QUARTERLY DIVIDENDS PAID
1. Investment performance since new mandate adopted 1 July 2017.
2. Dividend yield is based on current displayed share price and dividends declared over the previous 12 months
3. 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
- Global share markets strengthened in January as falling inflation led to expectations that interest rates are now nearing the peak of the current cycle
- China stocks continued to rebound as its economy re-opened following the ending of Covid lockdowns, which supported emerging market shares more broadly
- The Portfolio returned 4.7% in January, while the benchmark returned 3.0%