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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 continued to make gains during January as corporate earnings announcements held up reasonably well, although expectations that interest rate cuts could be delayed have constrained market sentiment.
- Australian dollar weakness boosted returns when expressed in AUD terms.
- The Portfolio returned 4.1% in January, while the benchmark returned 4.5%.