For calendar year 2022, the Superfluous Value portfolio fell 12.4%, essentially steady against the MSCI ACWI IMI which lost 12.5% (both in AUD). The declining Aussie Dollar, once again, proved a tailwind, as I was down 16.3% when measured in constant currency (USD).
2022 Portfolio Review
2022 Portfolio Review
2022 Portfolio Review
For calendar year 2022, the Superfluous Value portfolio fell 12.4%, essentially steady against the MSCI ACWI IMI which lost 12.5% (both in AUD). The declining Aussie Dollar, once again, proved a tailwind, as I was down 16.3% when measured in constant currency (USD).