Happy customers lead to happy shareholders

September 11, 2018

We applaud yesterday’s announcement by the NAB that it would keep its variable mortgage interest rate on hold as an emminently sensible move to shore up customer trust, particularly when many bank customers are under financial strain.  As investment advisers, we value customer-centric businesses over those that merely seek to maximise short-term gains for shareholders.  We encourage other far-sighted investors to help the break-up of this long standing oligarchy, by supporting banks which exhibit  business acumen and consider the national good.

Our Top Recommendations
Total returns on capital growth and dividends for 12 months ended 31 August 2018
Afterpay Touch
380.90%
Altium Limited
183.65%
Lovisa Holdings
141.83%
Xero Ltd
114.40%
CSL Limited
78.36%
Resmed Inc
62.62%
Bingo Industries
61.40%
Macquarie Group
55.13%
Nextdc Limited
54.80%
Relance Worldwide
52.21%
ASX200 Accum Index (comparison)
15.96%