Indeed we’re now ahead, albeit by a none-too-convincing 1.6% year-to-date.
Our four equity funds have put on double-digit gains in the space of a quarter. Global property is dragging its heels though – and good old gilts continue to make me rue the day.
Here are the numbers. See the annualised returns column for the all-important long-term gains:
The Slow & Steady is Monevator’s model passive investing portfolio. It was set up at the start of 2011 with £3,000. An extra £1,310 is invested every quarter into a diversified set of index funds, tilted towards equities. You can read the origin story and find all the previous passive portfolio posts in the Monevator vaults. Last quarter’s instalment can be found here. Subtract about 3% from the portfolio’s annualised performance figure to estimate the real return after inflation.
Stick or twist
I’m more convinced than ever that nobody (but nobody) can predict what’s around the corner.
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