In a year in which historic political activity prompted calls of armageddon in financial markets, 2016 in review has actually been rather profitable for many investors. Had you bought a FTSE 100 tracker at the start of the year you’d have likely been very satisfied with returns of around 14% (minus fees). Indeed, the index closed to an all-time high of 7,142 at years’ end.
With that in mind, I wanted to review my performance in what has been my first full year in investing. I’m happy to report that, as of close of business for the year, my portfolio is up by 14.5% year to date, and 15.7% since inception. As you may know, I judge my performance against the FTSE All-Share index, which is up 12% during the same period. 2016 therefore represents the first of hopefully many years in which I have beaten my benchmark. Feel free to view the portfolio by clicking HERE.