ANALYSIS OF THE 2025 BENCHMARK-STRUCTURE AND PERFORMANCE
ANALYSIS OF THE 2025 BENCHMARK-STRUCTURE AND PERFORMANCE 28/6/24 to 27/6/25 As previously described, the benchmark for 2025 comprised 401 stocks equally weighted. The table below shows the benchmark mix being 242 profitable Australian shares, 120 quality growth international shares, and 39 speculative shares. The general approach here is to replicate what the existing portfolio is or what it could potentially be, so it includes the likely investing universe. The main call is the asset allocation between the Australian and International exposure, which was 70% Australian and 30% International as decided at the start of the year. The speculative element was 10%, which will be reduced next year and incorporated into the broader Australian mix. The dividend of the benchmark was 2.8%, being the weighted benchmarks for each component. The overall benchmark performance was 11.5%, which is about what I would have expected. Being modestly above the long-term averages and reflectiv...