2007 Super Fund Performance
A historical report on the Bainsworld Superannuation Fund's 2007 return and share portfolio performance.
Archive note: This post is part of my historical SMSF archive and reflects my fund activity and thinking at the time it was written. It is not current financial, tax, legal, or investment advice, and past performance is not a guide to future returns.
In typical fashion I have neglected to post information to this blog until way after the event. In that vein, Bainsworld Superannuation Fund produced an investment earnings rate for 2007 of 42.7%, a huge improvement on 2006 as we predicted it would be.
Some of our investments didn’t do so well the previous year and so when the market supercharged, they grew much faster than you might otherwise have expected. No doubt that will be reflected in reverse with the 2008 market downturn.
Holdings include shares in the following companies, managed funds, listed and unlisted trusts and derivatives:
- ARB Corporation
- Asciano Group (split out from Toll)
- Austgrowth Property Syndicate No 23 (St Kilda Road
- BHP Macquarie Self Funding Instalment Warrants
- BlueScope Steel
- ConnectEast Group
- Macquarie Equinox Class C
- Mirvac Real Estate Trust (formerly JF Meridian Trust
- National Australia Bank
- OM-IP 140 Plus (Aud Limited Fund (Man Group)
- OrotonGroup
- The Reject Shop
- Toll Holdings
- Wesfarmers Macquarie Self Funding Instalment Warrants
- Woolworths Macquarie Self Funding Instalment Warrants
We disposed of our Alinta shares after holding them for 3.4 years as Babcock and Brown made an offer too good to refuse. The After Tax Internal Rate of Return on this investment was 41.7%, not too shabby.