Today’s chart comes from ASXIQ, who has proven the thesis that it is better to drink wine than give your money to index hugging fund managers, at least since 2004 against the broader All Ordinaries Index:
The details – the “wine” is the Liv-Ex Fine Wine 100 Index, where Australian wines have almost no weighting. This implies a good hedge against your own domestic wine portfolio.
As a final note, Self Managed Super Fund (SMSF) investors can still invest in Wine (as long as stated as such in your Investment Strategy document as part of your Trust Minutes), and from the look of that index, it is a reasonable diversification tool instead of just plowing into more ASX8 shares.(I am yet to convince my fellow trustees that collecting fine cars and motorcycles – allowable too – represents an “investment”….)
UPDATE2: I’ve added Avid Chartist‘s take on this chart, adjusted for the S&P/ASX200 index, and priced in GBP (originally USD….) 😀
