Register  
SelfWealth benchmarking index outperforms ASX200
Wednesday, 24 April 2013 12:40pm

SelfWealth's own index, the SW200 which allows investors to compare the performance of their portfolios directly with other users of the community, has outperformed the ASX200.

The SW200 takes the top 200 stocks by weight, from the top 200 portfolios by performance from the time they joined the SelfWealth online community of investors and allows users to compare with their own portfolio performance.

"It doesn't make much sense to compare yourself as an individual with 200 other companies," SelfWealth managing director Andrew Ward said.

Ward explained that this prompted the idea of putting together a "crowd-source benchmark index".

According to Ward, the Commonwealth Bank was the most popular stock among SelfWealth investors and was weighted at 10.15% of the SW200 index.

It is followed by BHP Billiton, which was weighted at 8.81% and cash, which was the third highest weighting of the SW200, with a weight of 5.78%.

SelfWealth is a Melbourne-based business that has six employees and about 500 users. It was founded last November and it is an online community that allows investors to compare their portfolios with other users, the market and professionals for a monthly fee.

Blogs
Follow the industry experts.
Christopher Page
Christopher Page
Managing Director

It needs to be said, most advisers are great advisers
Emotions are running high among financial advisers and it's not surprising. Over the past year, but especially over the last few weeks ...read more
 
Benjamin Ong
Benjamin Ong
Chief Economist

Reflation, rotation and the taper
'Tis being my final type (drivel, to some gentle readers) for the year, we'll take a look back at the 2013 that was to seek the lessons ... read more
 
Alex Dunnin
Alex Dunnin
Director of Research & Editorial Services

We need leadership, but whose?
What do you call a leader with no followers? Just someone out taking a walk. Financial services is an odd industry sector in that ... read more
News Search   
VideoBrought to you by
MAX 2014 Highlights
The annual MAX forum places all the movers and shakers in financial services when it comes to sales, marketing and distribution. Find out the recipe of those who are taking the lead. Watch the video n ... Watch video
Who wants to be a RockStar 2014 Highlights
Count's Chris Mekhail was crowned 2014 Rockstar this year for his soaring rendition of Swedish House Mafia hit 'Don't You Worry Child' at the annual Who wants to be a RockStar event organised by the Finance ... Watch video
AMP Capital Australian Equity Concentrated Fund
We invite you to watch our latest video program on FSiTV featuring AMP Capital's Co-Head of Australian Fundamental Equities Gian Pandit, as interviewed by Mark Smith, deputy editor of Financial Standard. In ... Watch video
Platinum Asset Management
Reflecting on more than three decades in the industry, Platinum Asset Management managing director Kerr Neilson says one of the changes in the industry has the been the erosion of the information advantage ... Watch video
Get it
Daily
FREE to your inbox, get the Financial Standard Daily Email.
Get the Free
iPad app
Download the Financial Standard iPad app for FREE
Industry
Events
JUL
25
AUG
06
FSC Annual Conference 2014 - Accelerate
13
Equities Forum
14
Alternative Investments 2014 Conference
26
Best Practice Forum: Managed Accounts
SEP
10
Risk and Liquidity Forum
News
Bites

$245 (inc GST) for 1 year
 
 
Copyright © 1992-2014 Rainmaker Group
All material on this site is subject to copyright. All rights reserved. No part of this material may be reproduced, translated, transmitted, framed or stored in a retrieval system for public or private use without the written permission of the publisher.
Link to something xl24kEUE