How safe are investment decisions based on algorithms and free from human intervention?.Photo: Stockphoto

The computer made me do it

The rise of robo investment advice will prompt those with long memories to recall what happened last time computer algorithms were used to manage investments.


(existing subscribers)

The password field is case sensitive.
Request new password


An article from the US this week comparing 10 robo-designed portfolios revealed a massive percentage point return difference between these particular funds. It seems there will be plenty of work in the future for financial advisers to help their clients pick the best robo funds.

Add your comment

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/08/19

1 year TSR5 year TSR
186thIndependence Group28%4%
736 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$902k Sold
$1.4m Sold
$36k Bought
Total value as at the date of the transaction
Source: Morningstar


th-Independence Group$787.0m
487 listed resources companies ranked by revenue.
Source: Morningstar

BNiQ Disclaimer