We also examined the capitalisation indexes of shares and found that the Midcap 50 Index, which is comprised of shares within the ASX 100, but does not include those in the ASX 50, had also shown sustained growth over the past three years. As a follow up we then examined the charts of some of the best performing shares in the indexes mentioned and Midcap 50 stocks. j
Our second topic for the afternoon was Managed Funds. This umbrella can include Australian Real Estate investment trusts or A-REITS, Infrastructure funds, Absolute return funds as well as listed investment companies or LIC’s. We discussed that the choice of a fund manager with a good record was vital as the investor had no control over what the fund manager did with the money invested. We also heard that the fees charged to the investor can be considerable. Information on this topic which is easily understood may be found at www.asx.com.au
The final meeting of Investment for 2016 will be held on Friday 4th November at 1.15pm in W4. Investment will continue in 2017.