Roughly 18 months ago (4 December 2014 issue), I showed finweek readers how to compile a personal share portfolio like a pro. I pointed out 10 shares with specific weights, believed to the favourites of fund managers at that time. They were Anglo American, British American Tobacco, Bidvest, FirstRand, Mr Price, MTN, Naspers*, Reinet, Sasol and Steinhoff. Since then, we saw that out of these 10 shares, some remained superstars, while others, like Anglo and MTN, lost more than 30% in value over this period.
The FTSE/JSE All Share Index rose by 11.05% (total returns) over this period, while the SA General Equity sector rose by 6.98%. My recommended portfolio rose by 16.07% over the same period, but how did I compile this portfolio and how is it performing in our current market conditions?
Step 1: Identify the equity funds that performed the best according to your needs