We had a poor return of -0.1% (after fees) for the year despite the average fund producing a positive return of around 8.7%. This was due to a number of high risk investments producing negative results this year but which we hope will be reversed sometime in the future.
Some of the losers were ADN.AX, AI.US, AXE.AX, BTH.AX, TESLA.US, and ZIP.AX.
