Our rate of return was 1.18% in USD terms versus 1.33% for the MSCI and 0.58% for the S&P500. In Australian Dollar terms we made 0.64%. This is mostly due to strong gains in large cap Australian shares, hedge funds, and private equity in that order. Private equity had the largest percentage gain due to the distribution from IPE. Looking at longer term performance we have about matched the market year to date - 14.54% vs. 14.16% for the MSCI. Over 1-5 years we have lagged the world stock markets. Over 10 years though we are doing very well. This chart shows the averaeg annual rate of return over a decade:
The monthly accounts (in US Dollars) look like this:
Spending was around recent averages - $5,466 ($A5,242). The monthly accounts show that we earned $13.6k in salaries etc. Retirement contributions were $3.3k. Total investment returns were $8.6k with about equal amounts from exchange rate moves and core investment returns. The house-buying fund reached $A144k. The goal of $A150k should be reached at the end of next month.
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