The transition to OpenWealth from Hub24 was completed in March 2024. Hub kindly agreed to provide the shadow portfolio performance details for the Managed Equity portfolio through till end March 2024 for continuity. These numbers show 14.35% return since inception vs 8.05% for the S&P/ASX200TR; 15.05% over the past ten years (vs 8.27% for the benchmark, and 17.47% return over 5 years (9.16% for ASX200TR)
So about 6.3-8.3 % value added.
The since inception return for the Managed Equity on OpenWealth is so far running well ahead of benchmark.
