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Short-term investors lose out as shares take a battering

Short-term investors lose out as shares take a battering

The All Ordinaries has delivered solid returns over the past decade – but dismal returns over the past year.

The All Ords ended October at 5,913.30, representing a fall in monthly, quarterly, half-yearly and annual terms (see table below).

The fall during October was particularly pronounced, with the index falling from 6,325.50 to 5,913.30, a drop of 6.5 per cent.

However, the medium-term returns have been better, while the long-term returns have been better still.

Investors have enjoyed gains of 11.8 per cent over three years and 48.5 per cent over 10 years.

The All Ordinaries is an index made up of the share prices for 500 of the largest companies listed on the Australian Securities Exchange. It peaked at 6,873.20 on 1 November 2007.  

Close at end of October5,913.30
Change over the past 1 month-6.5%
Change over the past 3 months-7.1%
Change over the past 6 months-2.6%
Change over the past 1 year-1.1%
Change over the past 3 years11.8%
Change over the past 5 years9.1%
Change over the past 10 years48.5%

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This article was reviewed by Head of Content Leigh Stark before it was published as part of RateCity's Fact Check process.

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