Original article by David Rogers
The Australian – Page: 15 & 22 : 18-Jan-19

Data from Mercer shows that long-only Australian share funds posted a median loss of 4.2 per cent in 2018, compared with a loss of 2.7 per cent for the S&P/ASX200 Accumulation Index. The December quarter was particularly challenging, with the median active Australian share fund losing 9.6 per cent before fees and the ASX200 Accumulation Index falling 8.1 per cent. Panther Trust Australian Shares, a boutique long-only fund, was the top performer in 2018 with a return of 5.6 per cent.

CORPORATES
MERCER INVESTMENTS PTY LTD, STANDARD AND POOR’S ASX 200 ACCUMULATION INDEX, STANDARD AND POOR’S ASX 200 INDEX, PANTHER TRUST AUSTRALIAN SHARES FUND, STANDARD AND POOR’S 500 INDEX, BENNELONG FUNDS MANAGEMENT PTY LTD, CSL LIMITED – ASX CSL, BHP GROUP LIMITED – ASX BHP, IDP EDUCATION LIMITED – ASX IEL, TELSTRA CORPORATION LIMITED – ASX TLS, AFTERPAY TOUCH GROUP LIMITED – ASX APT, RESOLUTE MINING LIMITED – ASX RSG, NEWS CORPORATION – ASX NWS, BANK OF QUEENSLAND LIMITED – ASX BOQ, ASALEO CARE LIMITED – ASX AHY, CALTEX AUSTRALIA LIMITED – ASX CTX, FLIGHT CENTRE TRAVEL GROUP LIMITED – ASX FLT, BELL ASSET MANAGEMENT LIMITED – ASX BLM, APPLE INCORPORATED, MASTERCARD INTERNATIONAL INCORPORATED, MICROSOFT CORPORATION, ALPHABET INCORPORATED