It’s been twelve months since we started the dummy portfolio (we’re calling the start 1 Sept 2019, which is when we completed investing the full starting capital of $20,000).

So how did we do?

According to my year-end report, our return was 6.27%. That’s a long way short of our long-term target of achieving an average of 19.5% return per year, but obviously 2020 has been a difficult year for the economy and the markets. Some years are going to deliver a better return than others.

The other goal we have is for QAV to beat the All Ords, on average, by ~10% per year with a low-effort, low-risk strategy. That’s a good way of checking our comparative performance.

The XAOA (All Ords Total Return index, which includes dividends) returned -3.28% for the twelve months from 1 Sept 2019. Which means we out-performed the XAOA by 9.55% – which is right on track.  Even though we started the portfolio only four months before COVID hit China – which impacted our portfolio early, as we had a lot of mining and travel stocks – we ended up right on target.

As you can see in the charts below, a lot of our best performing months were in May, June and July while the country (and the world) were in lockdown. As Tony says – “it’s time in the market, not timing the market, that counts.”

QAV Portfolio Year One report

QAV Portfolio Year One report

 

Want free weekly stock tips?

Every Monday we publish an email containing two ASX stocks (one small cap and one large cap) that Tony thinks offer the best value buys for that week. Sign up now to get your copy completely free!