As a slight distraction from a very sunny Sunday morning, I've been taking a look at the performance of the DIY-Investors.com 2011 sharepick portfolios. The results are quite interesting as you can see below...
First though, let's take a look at what the all-share index (ASX) has been doing for the first six months of the year. You may remember that it began the year on 3062.80. Well, at the close of play on 30th June, it was at 3091.90. The slight increase of 29.10 (+0.95%) means effectively no real change in the benchmark index that we use. So what then of our portfolio performance?
Looking firstly at the 10 (passive) sharepicks in the DIY-Investors.com portfolio, the value has increased by +16.90% - outperforming the index by 15.95 percentage basis points. This despite the lousy performance of MBL! You'll remember that when I took over a duplicate portfolio to actively manage it for the year, the first thing that I did was to sell MBL (to cut [stem] my losses on that pick). This seems to have been a good move as my actively managed portfolio now shows a gain of +32.73% (outperformance of 31.78%).
With the focussed portfolios (5 shares), the results are much closer. The passive (focussed) portfolio shows a gain of +66.5% (outperformance of 65.4%), while my actively managed (focussed) portfolio has just crept ahead - showing a gain of +68.46% (outperformance of 67.51%).
I'll post the tables showing individual share performances on my return from holiday. In the meantime, do please let us know how your own portfolios have performed in the first 6 months of the year.
