We have updated our internal investment benchmarks for the March Quarter 2017. These attempt to measure the total return on a sample of asset classes taking into account movement in value and assuming reinvestment of income (except for residential property). Included in the calculations is the rate of return calculated for the quarter and 12 months ending 31st March 2017.
Chancellor’s quarterly investment benchmarks for the March 2017 Quarter show a strong surge in Australian equities reflecting continuation of what the markets have been referring to as the “Trump Rally”. Also very apparent is the impact of Sydney and Melbourne on the national residential housing price index.