Why you shouldn’t let just a few stocks do all the heavy lifting
Australian shares have recently delivered robust returns: in the year to 31December 2013, the S&P/ASX200 Accumulation Index returned 20.2 per cent. However, a closer look at where this performance came from gives cause for concern. Far from being a broadly-based market rally, this return outcome was actually very narrowly based. A few stocks have done



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