Content provided by S&P Dow Jones Indices
Market sell-offs were seen in different Australian equity market segments in the first half of 2020 due to the COVID-19 pandemic, while Australian bonds recorded a small gain. Apart from A-REIT funds, the majority of funds in all categories suffered worse drawdowns versus their respective benchmark indices. All fund categories recorded smaller average returns than their respective benchmark indices in the first half of 2020 on both equal- and asset-weighted bases. The same was observed for the 10- and15-year periods, except for the Australian Equity Mid- and Small-Cap category.