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[WATCH] How would God's portfolio perform?

Investors may be worrying about their current returns, but even if you had the best possible portfolio it is impossible to avoid drawdowns.

Thursday, May 19th 2022, 9:48AM 2 Comments

Castle Point portfolio manager, Stephen Bennie, speaking to Good Returns TV, shows that it is impossible to avoid periods of negative returns.

Bennie discusses how the best possible portfolio, God’s Portfolio, performed over 90 years using research conducted by US firm Alpha Architect.

The portfolio is made up of the 50 best-performing stocks and is rebalanced each year with stocks which will perfrom best over that time. This portfolio is tracked against the S&P500.

Being a passive investor and holding the S&P500 for 90 years did pretty well. One dollar invested at the start would turn into $50,000.

But God did significantly better turning $1 into $12 billion over the 90-year timeframe. That is annualised return of 29%a.

But it was not a smooth ride, with big drawdowns and some even worse than the index.

Bennie says the message for advisers and investors we will get through these drawdowns. Don’t look at short term performance when assessing managers, it is long-term performance which counts.

To find out more about how God’s Portfolio performed watch the full interview on Good Returns TV.

Tags: Castle Point Funds Management

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Comments from our readers

On 19 May 2022 at 10:21 am Pragmatic said:
Well worth a watch
On 23 May 2022 at 7:01 pm Graeme33 said:
90 Year timeframe , for most KIWISAVER, a bit long...maybe a practical application, every 5 years , move your money to the Manager who has had the best 5 year track record. .maybe Morningstar(or those people who do this stuff)..should do this once a year .Graeme Adams

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Last updated: 29 June 2022 9:23am

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