SMSF Trustees now control the single largest pool of superannuation assets in Australia, and many are using stock research tool Skaffold to plan for and manage their retirement portfolio.
Skaffold has surveyed members to get their hot picks, and whether in an SMSF or not, investors agree that some stocks are too good to go past.
Both groups of investors had the same six stocks on the top of their top 10 ‘liked’ stocks list. These were:
Flight Centre (FLT)
Cedar Woods Properties (CWP)
JB Hi Fi (JBH)
ARB Corp (ARP)
Flight Centre (FLT) remains the top stock of members with SMSF. FLT featured prominently in the financial press recently, announcing a 23% increase in net profit and 28% increase dividend over the same period last year, with the shares closing on a record high of $48.41 on the day of the announcement.
Leighton (LEI) and Newcrest Mining (NCM) were the two stocks common to both groups’ top 10 most ‘disliked’ stocks. There was also consistency in the most popular overseas markets by both groups with the USA and Hong Kong rated first and second respectively by both groups.
However, there are still differences between the investing trends of the two groups.
Skaffold general manager Chris Batchelor says that SMSFs have an estimated 45% of assets in direct shares, while non-SMSF investors typically hold less in direct shares, due in part to holdings in managed products.
“Additionally, Skaffold members with SMSFs are three times more likely research stocks in offshore exchanges than members without an SMSF, as indicated by the take up of Skaffold’s Global product,” said Batchelor.
“We would expect SMSF interest in offshore markets to continue on an upward trend, as data out of major international economies show improvement. There’s also likely to be slipstream effect with non-SMSF investors following suit.”
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