Commodity Overview Bloomberg Commodity Index - 15 Year Performance to Mar 31, 2018
|
|
- Britney Cross
- 6 years ago
- Views:
Transcription
1 March, 2018
2 Commodity Overview Bloomberg Commodity Index - 15 Year Performance to Mar 31,
3 1/1/2003 5/1/2003 9/1/2003 1/1/2004 5/1/2004 9/1/2004 1/1/2005 5/1/2005 9/1/2005 1/1/2006 5/1/2006 9/1/2006 1/1/2007 5/1/2007 9/1/2007 1/1/2008 5/1/2008 9/1/2008 1/1/2009 5/1/2009 9/1/2009 1/1/2010 5/1/2010 9/1/2010 1/1/2011 5/1/2011 9/1/2011 1/1/2012 5/1/2012 9/1/2012 1/1/2013 5/1/2013 9/1/2013 1/1/2014 5/1/2014 9/1/2014 1/1/2015 5/1/2015 9/1/2015 1/1/2016 5/1/2016 9/1/2016 1/1/2017 5/1/2017 9/1/2017 1/1/2018 Crude reality: Price of Oil West Texas Intermediary ($US/barrel) 15 yr. price to Mar 31,
4 Gold Bullion Gold (US$/troy ounce) 15 yr. price to Mar 31, 2018 $2,000 $1,800 $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Jan-18 4
5 FX Rates USD Comparisons 1 yr. rates to Mar 31, 2018 Yen vs. USD Euro vs. USD CDN vs. USD Apr-17 Jul-17 Oct-17 Jan Apr-17 Jul-17 Oct-17 Jan Apr-17 Jul-17 Oct-17 Jan-18 5
6 Emerging Market Currencies F/X rates against U.S. Dollar-3 Year Rates to March 31, 2018 (Indexed to 100 on January 31,2015) Jan-15 Jan-16 Jan-17 Jan-18 Brazil Real Chilean Peso South African Rand Russia Rouble Indian Rupee Turkish Lira Argentine Peso Chinese Yuan 6
7 A View of Global Market Indices S&P/TSX Composite Index Price 12 months ending March 31, Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan S&P/TSX S&P 500 Europe Japan Emerging China World 1 yr to Mar Year to Date Quarter to Date Mth to Date
8 Global Market Results 6,000 5,000 4,000 3,000 60,000 40,000 20,000 0 S&P/TSX Composite Index S&P 500 Index 2018 (4.5%) 2, ,000 (4.9%) MSCI Europe Index 7,000 6,000 5,000 4,000 3,000 2, ,000 (2.4%) ,500 2,000 1,500 1, MSCI Japan Index (0.16%) 8
9 S&P/TSX by Sector S&P/TSX returns for 2017 and 2018 YTD % S&P/TSX Composite Index Consumer Staples Information Technology Financials Telecom Services Utilities Consumer Discretionary Industrials Energy Materials Health Care Real Estate
10 Central Bank Rates Central Bank Rates and 10 Year Government Bond Yields-3Yrs to Mar 31, 2018 Canada U.S Canada - Overnight Rate 10-Year GoC US - Overnight Rate 10-Year Treasury
11 Central Bank rates around the globe Central Bank Rates and 10 Year Government Bond Yields-1-Yrs to Mar 31, % 7.00% 6.00% 5.00% 4.00% 3.00% Australia Canada England USA (Upper Range) ECB 2.00% 1.00% 0.00%
12 Investing Insights Change Bull & Bear Markets S&P/TSX Composite Mar 31, % 300% 250% 200% 150% 100% 50% 0% -50% -100% Bull & Bear Facts Average gain in bull market: 127% Average length of bull market: 52 months Average loss in bear market: (28%) Average length of bear market: 9 months 288% 253% 203% 168% 146% 155% 146% 85% 81% 63% 82% 109% 44% 16% -26% -17% -15% -25% -35% -39% -25% -20% -27% -21% -38% -43% 12 Source: Bloomberg Mar 2018
13 Investing Insights Bull & Bear Markets: S&P/TSX Composite The Risks and Rewards of Investing: This chart represents the bull and bear markets in the S&P/TSX Composite Total Return since All bars above the line are bull markets; all bars below are bear markets. For the purposes of this illustration, a bull (bear) market is defined as a positive (negative) move greater than 15% that lasts at least 3 months. Investor Behaviour: According to the chart, markets spend more time in positive territory (bull) than negative (bear). Bull markets are, on average, longer and more intense, providing a more significant percentage change. On average bear markets are more brief, and yet engender fear. It is during these periods that there are significant investment bargains to be found. Investor discipline during bear markets is critical. 13
14 Investing Insights Change Bull & Bear Markets S&P 500 Index to March 31, % 500% 400% 300% Bull & Bear Facts Average gain in bull market: 147% Average length of bull market: 48 months Average loss in bear market: (27 %) Average length of bear market: 14 months 280% 526% 335% 364% 200% 100% 104% 90% 52% 76% 86% 87% 72% 108% 0% -100% -14% -22% -16% -29% -43% -14% -17% -30% -15% -45% -51% 14 Source: Bloomberg Mar 2018
15 Investing Insights Bull & Bear Markets: S&P 500 The Risks and Rewards of Investing: This chart represents the bull and bear markets in the S&P 500 Total Return since All bars above the line are bull markets; all bars below are bear markets. For the purposes of this illustration, a bull (bear) market is defined as a positive (negative) move greater than 15% that lasts at least 3 months. Investor Behaviour: According to the chart, markets spend more time in positive territory (bull) than negative (bear). Bull markets are, on average, longer and more intense, providing a more significant percentage change. On average bear markets are more brief, and yet engender fear. It is during these periods that there are significant investment bargains to be found. Investor discipline during bear markets is critical. 15
16 DISCLAIMER This document includes forward-looking information that is based on forecasts of future events as of January 31, Mackenzie Financial Corporation will not necessarily update the information to reflect changes after that date. Forward-looking statements are not guarantees of future performance and risks and uncertainties often cause actual results to differ materially from forward-looking information or expectations. Some of these risks are changes to or volatility in the economy, politics, securities markets, interest rates, currency exchange rates, business competition, capital markets, technology, laws, or when catastrophic events occur. Do not place undue reliance on forward-looking information. In addition, any statement about companies is not an endorsement or recommendation to buy or sell any security." The content of this document (including facts, views, opinions, recommendations, descriptions of or references to, products or securities) is not to be used or construed as investment advice, as an offer to sell or the solicitation of an offer to buy, or an endorsement, recommendation or sponsorship of any entity or security cited. Although we endeavour to ensure its accuracy and completeness, we assume no responsibility for any reliance upon it. Unlike mutual funds, the returns and principal of GICs are guaranteed. The information contained in this document is proprietary to Mackenzie Investments and is being provided to you solely for the purposes of helping you to evaluate Mackenzie Investments' investment management expertise. By accepting this information, you are deemed to have acknowledged that any other use or disclosure to anyone else without Mackenzie's permission may cause damage to Mackenzie Investments and that you agree to use the same degree of care in protecting this information as you apply to your own proprietary information. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Index performance does not include the impact of fees, commissions, and expenses that would be payable by investors in the investment products that seek to track an index. The rate of returns shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of returns on investment." 16
Investing Insights. Managing Downturns
December 31, 2017 Managing Downturns 2 Number of Months 1902 1907 1910 1913 1918 1920 1923 1926 1929 1937 1945 1948 1953 1957 1960 1969 1973 1980 1981 1990 2001 2007 2017 Expansion vs. Recession in the
More informationUnderstanding Markets and Long-term Investing. April 2009
Understanding Markets and Long-term Investing April 2009 Disclaimer Any statements contained herein that are not based on historical fact are forward-looking statements. Any forward-looking statements
More informationINVESTMENT MARKET UPDATE UBC FACULTY PENSION PLAN
INVESTMENT MARKET UPDATE UBC FACULTY PENSION PLAN MIKE LESLIE, FACULTY PENSION PLAN NEIL WATSON, LEITH WHEELER FEBRUARY 11, 2015 Presenters Mike Leslie Executive Director, Investments Faculty Pension Plan
More informationAPPENDIX ECONOMIC INDICATORS DEVELOPED ECONOMIES
QUARTERLY INVESTMENT STRATEGY Third Quarter 15 19 APPENDIX ECONOMIC INDICATORS DEVELOPED ECONOMIES Purchasing Managers EMERGING ECONOMIES Purchasing Managers US Eurozone Japan Brazil Russia India China
More informationMarket Update: Broad Market Returns and Indicators
Market Update Eckler Ltd. collects information directly from sources believed to be reliable. Eckler Ltd. does not guarantee or warrant the accuracy, timeliness, or completeness of the information either
More informationGlobal House View: Market Outlook
HSBC GLOBAL ASSET MANAGEMENT September 29 Global House View: Market Outlook Contents 1688/HSB1395a Market performance Macro-economic Picture Market Views: high level asset allocation Market Views: Equity
More informationINVESTMENT MARKET UPDATE UBC FACULTY PENSION PLAN
INVESTMENT MARKET UPDATE UBC FACULTY PENSION PLAN MIKE LESLIE, FACULTY PENSION PLAN NEIL WATSON, LEITH WHEELER FEBRUARY 12, 2014 Presenters Mike Leslie Executive Director, Investments Faculty Pension Plan
More informationMarket Update: Broad Market Returns and Indicators
Market Update Eckler Ltd. collects information directly from sources believed to be reliable. Eckler Ltd. does not guarantee or warrant the accuracy, timeliness, or completeness of the information either
More informationEconomic Outlook: Global and India. Ajit Ranade IEEMA T & D Conclave December 12, 2014
Economic Outlook: Global and India Ajit Ranade IEEMA T & D Conclave December 12, 2014 Global scenario US expected to drive global growth in 2015 Difference from % YoY Growth October Actual October Projections
More informationBualuang Exclusive Investment Outlook. March 2017
Bualuang Exclusive Investment Outlook March 2017 1 Theme: Trump support global equities Positive Risk Many countries return to stimulate economies. Many government will increase spending and support economy.
More informationGLOBAL FIXED INCOME OVERVIEW
2016 Global Market Outlook Press Briefing GLOBAL FIXED INCOME OVERVIEW Edward A. Wiese, CFA, Head of Fixed Income November 18, 2015 Global Fixed Income Outlook: Summary Environment Developed market yields
More informationSummit Strategies Group 8182 Maryland Avenue, 6th Floor St. Louis, Missouri
Summit Strategies Group 8182 Maryland Avenue, 6th Floor St. Louis, Missouri 63105 314.727.7211 Quarterly Review Global Equity Market Update GLOBAL EQUITY MARKETS CALENDAR YEAR RETURNS 2002 2003 2004 2005
More informationHistorical Pricing PJM COMED, Around the Clock. Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22
$50 Historical Pricing PJM COMED, Around the Clock $48 $46 $44 $42 $40 $38 $36 $34 $32 $30 $28 $26 Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22 The information presented above was gathered
More informationAPPENDIX ECONOMIC INDICATORS DEVELOPED ECONOMIES
16 QUARTERLY INVESTMENT STRATEGY APPENDIX ECONOMIC INDICATORS DEVELOPED ECONOMIES Purchasing Managers Index EMERGING ECONOMIES Purchasing Managers Index US Eurozone Japan Brazil Russia India China Industrial
More informationHistorical Pricing PJM PSEG, Around the Clock. Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22
$70 Historical Pricing PJM PSEG, Around the Clock $65 $60 $55 $50 $45 $40 $35 $30 $25 Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22 The information presented above was gathered and compiled
More informationUnderstanding Markets and Long-Term Investing. December 31, 2011
Understanding Markets and Long-Term Investing December 31, 2011 The story behind these charts The beauty of newspapers, from a publisher s perspective, is that they re addictive. A story doesn t unfold
More informationU.S. Natural Gas Storage Charts
U.S. Natural Gas Storage Charts BMO Capital Markets Commodity Products Group November 26, 214 Total U.S. Natural Gas in Storage 5, Total Stocks This Week 3432 4, 3, 2, 1, Reported On: November 26, 214
More informationA recap of last week s top economic news and what s to come.
AGF INVESTMENTS September 5, 2017 A recap of last week s top economic news and what s to come. WEEKLY MARKET REVIEW CANADA REPORTS STRONG GDP GROWTH Canada s economy closed out the second quarter growing
More informationSummit Strategies Group 8182 Maryland Avenue, 6th Floor St. Louis, Missouri
Summit Strategies Group 8182 Maryland Avenue, 6th Floor St. Louis, Missouri 63105 314.727.7211 Quarterly Review Global Equity Market Update GLOBAL EQUITY MARKETS CALENDAR YEAR RETURNS 2002 2003 2004 2005
More informationEndowment Funds Performance (Year ending June 30 th, 2013)
Endowment Funds Performance (Year ending June 30 th, 2013) prepared for Investment Subcommittee (Note: all returns and values are expressed in Canadian Dollars- CAD s) 1 Quarterly Market Overview Canadian
More informationMTA Educational Web Series
MTA Educational Web Series One Practitioner s Guide to Combining Macro, Fundamentals and Technical Analysis Presented by: Keith Lerner, CFA, CMT Chief Market Strategist SunTrust Bank July 2014 Outline:
More informationGratuity Fund Performance
Gratuity Fund Performance Monthly Fund Update, May 13 IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER ECONOMY ECONOMY S.No. Indicators Mar-13 Apr-13 M-o-M Variation
More informationGlobal Equities. Q&A roadshow #QAroadshow2016. Gavin Marriott Product Manager
Global Equities Q&A roadshow 216 #QAroadshow216 Gavin Marriott Product Manager June 216 For professional advisers only. This material is not suitable for retail clients Questions What will drive global
More informationMarket and Economic Charts. Retail Fund Management Team Investec Asset Management
Market and Economic Charts Retail Fund Management Team Investec Asset Management 30 April 2010 Looking at Markets Global SA Economics Major Index Performance Major Index Performance Market Drivers Inflation
More informationA recap of last week s top economic news and what s to come.
AGF INVESTMENTS September 11, 2017 A recap of last week s top economic news and what s to come. WEEKLY MARKET REVIEW BANK OF CANADA HIKES RATES ONCE AGAIN The Bank of Canada (BoC) held firm on its plans
More informationFoundations of Investing
www.edwardjones.com Member SIPC Foundations of Investing 1 5 HOW CAN I STAY ON TRACK? 4 HOW DO I GET THERE? 1 WHERE AM I TODAY? MY FINANCIAL NEEDS 3 CAN I GET THERE? 2 WHERE WOULD I LIKE TO BE? 2 Develop
More informationSasfin Asset Managers Philip Bradford, CFA BCI Conference May 2018
Sasfin Asset Managers Philip Bradford, CFA BCI Conference May 2018 SLIDE TITLE Sub Title Is there life after junk? or is it a trainwreck? Those who don t know history are doomed to repeat it. Edmund Burke
More informationJanuary Economic Report. Month ending January 31, McGladrey LLP. All Rights Reserved McGladrey LLP. All Rights Reserved.
January Economic Report Month ending January 31, 2015 MARKET DASHBOARD Last Price Change % Chg. YTD % Last Price Change % Chg. YTD % S&P 500 2,055.47 67.53 3.38% 0.2% Russell Global EM 3,051.86 55.85 1.86%
More informationPHOENIX ENERGY MARKETING CONSULTANTS INC. HISTORICAL NATURAL GAS & CRUDE OIL PRICES UPDATED TO July, 2018
Jan-01 $12.9112 $10.4754 $9.7870 $1.5032 $29.2595 $275.39 $43.78 $159.32 $25.33 Feb-01 $10.4670 $7.8378 $6.9397 $1.5218 $29.6447 $279.78 $44.48 $165.68 $26.34 Mar-01 $7.6303 $7.3271 $5.0903 $1.5585 $27.2714
More information2015 Market Review & Outlook. January 29, 2015
2015 Market Review & Outlook January 29, 2015 Economic Outlook Jason O. Jackman, CFA President & Chief Investment Officer Percentage Interest Rates Unexpectedly Decline 4.5 10-Year Government Yield 4 3.5
More informationGLOBAL EMERGING MARKETS: IT IS THE STOCKS THAT MATTER ANWAAR WAGNER
GLOBAL EMERGING MARKETS: IT IS THE STOCKS THAT MATTER ANWAAR WAGNER Portfolio Manager at Electus AGENDA Emerging Markets (EM) Crises? EM vs Developed Markets (DM) OM GEM Fund It s the shares that matter
More informationNovember 27, A recap of last week s top economic news and what s to come
A recap of last week s top economic news and what s to come Canadian retail sales disappoint Canadian retail sales disappointed in September. Retail sales rose 0.1% in September, after dropping 0.1% in
More informationGlobal Equites declined from Concern over Trade War
Quarterly Market Outlook: Quarter 2 2018 on 3 April 2018 Global Equites declined from Concern over Trade War Investment Outlook for 2 nd Quarter 2018 Equity Thailand U.S. Europe Japan Asia Bond Thailand
More informationUSDKZT volatility hit a two-year low
RESEARCH AND KNOWLEDGE MANAGEMENT 22 November 2017 USDKZT volatility hit a two-year low USDKZT traded in the range of 330-334/USD in the past two weeks with a 30-day historical volatility touching a 2-year
More informationMANAGED FUTURES INDEX
MANAGED FUTURES INDEX COMMENTARY + STRATEGY FACTS SEPTEMBER 2018 CUMULATIVE PERFORMANCE ( SINCE JANUARY 2007* ) 140.00% 120.00% 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% AMFERI BARCLAY BTOP50 CTA INDEX
More informationStock Market Briefing: Daily Indexes
Stock Market Briefing: Daily Indexes September 18, 218 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Please visit our sites at www. blog. thinking outside the box Table Of Contents
More information2018 Investment and Economic Outlook
2018 Investment and Economic Outlook Presented 3/19/18 Jeffrey Neer, CFA Client Portfolio Manager 410-237-5592 jeffrey.neer@pnc.com 1 Monetary Policy: Key Factors Inflation U.S. U.S. Labor Market 2.4%
More informationB-GUIDE: Market Outlook
Quarterly Market Outlook: Quarter 1 2018 on 5 th January 2018 Investment Outlook for 1 st Quarter 2018 Accelerating Global Economy Supports the Rising Earnings Equity Thailand US Europe Japan Asia Bond
More informationMULTI-ASSET CLASS 1 EQUITIES: DEVELOPED COUNTRIES 1 EQUITY EMERGING COUNTRIES 2
10 2 3 6 8 9 13 14 MULTI-ASSET CLASS 1 EQUITIES: DEVELOPED COUNTRIES 1 EQUITY EMERGING COUNTRIES 2 Alpha Current Previous Alpha Current Previous Alpha Current Previous weight weight weight weight weight
More informationCanada's equity market lagging world markets
Let's Talk Charts August 30, 2017 Canada's equity market lagging world markets Chart of the Day S&P/TSX Composite MSCI World 90 This chart compares the relative performance of the S&P/TSX Composite with
More informationLooking at a Variety of Municipal Valuation Metrics
Looking at a Variety of Municipal Valuation Metrics Muni vs. Treasuries, Corporates YEAR MUNI - TREASURY RATIO YEAR MUNI - CORPORATE RATIO 200% 80% 175% 150% 75% 70% 65% 125% Average Ratio 0% 75% 50% 60%
More informationHarvest Portfolios Group Inc. INVESTMENT PRODUCTS
Harvest Portfolios Group Inc. INVESTMENT PRODUCTS Harvest Exchange Traded Funds Harvest Mutual Funds Income happens here. September 30, 2018 Investment Highlights Global: Global trends driving long-term
More informationECONOMIC OUTLOOK FINALLY, SYNCHRONIZED GLOBAL GROWTH
ECONOMIC OUTLOOK FINALLY, SYNCHRONIZED GLOBAL GROWTH Augustine Faucher Chief Economist November 13, 2017 Senior Economic Advisor Chief Economist BETTER GROWTH THIS YEAR, AND AN UPGRADE TO 2018 World output,
More informationGlobal Investment Outlook Russ Koesterich, CFA Managing Director, Global Allocation
Global Investment Outlook Russ Koesterich, CFA Managing Director, Global Allocation 6 Asset performance YTD Source: Thomson Reuters Datastream, BlackRock Investment Institute. Apr, 6 Note: Total return
More informationZenith Monthly Economic Report December 2011
Zenith Monthly Economic Report December 211 ECONOMIC STATISTICS SUMMARY Cash Rate Inflation Rate (%) Unemployment Rate (%) GDP Annual Growth (%) Country Latest Last Change Latest Change Latest Change Past
More informationIvy Through the Cycles
Ivy Through the Cycles Paul Musson, Team Lead, Mackenzie Ivy investment team Staying the course Key Takeaways Mackenzie Ivy Foreign Equity Fund outperformed the benchmark in all 4 market cycles since the
More informationMANAGED FUTURES INDEX
MANAGED FUTURES INDEX COMMENTARY + STRATEGY FACTS JUNE 2018 CUMULATIVE PERFORMANCE ( SINCE JANUARY 2007* ) 120.00% 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% AMFERI BARCLAY BTOP50 CTA INDEX S&P 500 S&P
More informationINVESTING FOR SUCCESS. Perspective on market behaviour over the short and long term
INVESTING FOR SUCCESS Perspective on market behaviour over the short and long term 815555.2.0 Focus on the big picture 40 years of returns examined Many events have affected markets in the past; however,
More informationMarkets at a Glance. India Q2 CY For Distributors use only
Markets at a Glance India Q CY 17 For Distributors use only India Macro Economy Trade Inflation Monetary Sector Valuations Liquidity Macro Economy GDP Emerging vs Developed (In % YoY) Credit Growth vs
More informationThe increasing importance of multi asset solutions genuine diversification to reduce total risk
The increasing importance of multi asset solutions genuine diversification to reduce total risk Ariconsult Vermögensverwaltungs-Symposium 17 September 2014 Richard Batty Fund Manager, Multi Asset This
More informationRobotics and Automation - A Growing Trend
Let's Talk Charts December 6, 2017 Robotics and Automation - A Growing Trend Chart of the Day 160 150 140 130 90 ROBO MSCI ROBO The Global Robotics and Automation ETF has gained 45.10% YTD (as at December
More informationOctober 9, A recap of last week s top economic news and what s to come
A recap of last week s top economic news and what s to come U.S. job growth slumps, while Canada records highest job numbers this year The U.S. Labor Department released its official hiring and unemployment
More informationA Novel Business Cycle Multi-Asset Allocation Strategy
BUSINESS CYCLE ASSET ALLOCATION A Novel Business Cycle Multi-Asset Allocation Strategy June, 2017 Proforma Performance Comparison AASE Strategy v. S&P500 v. Stock/Bond Portfolio Proforma Performance Comparison
More informationA Novel Business Cycle Multi-Asset Allocation Strategy
BUSINESS CYCLE ASSET ALLOCATION A Novel Business Cycle Multi-Asset Allocation Strategy May, 2017 Proforma Performance Comparison AASE Strategy v. S&P500 v. Stock/Bond Portfolio Proforma Performance Comparison
More informationOUTLOOK 2014/2015. BMO Asset Management Inc.
OUTLOOK 2014/2015 BMO Asset Management Inc. We would like to take this opportunity to provide our capital markets outlook for the remainder of 2014 and the first half of 2015 and our recommended asset
More informationFebruary 26, A recap of last week s top economic news and what s to come
A recap of last week s top economic news and what s to come Annual inflation rate slows in Canada Canadian inflation rose 0.7% in January, though the annualized pace slowed to 1.7%, from 1.9% previously,
More informationChinaAMC China Opportunities Fund Fund Factsheet
ChinaAMC China Opportunities Fund Fund Factsheet As of 30 November 2012 37/F, Bank of China Tower, 1 Garden Road, Hong Kong This Fund has not been authorized by the Hong Kong Securities and Futures Commission
More informationWeek in Markets. FTSE Equity Indices Week MTD Jul 12 Jun 12 QTD YTD. MSCI Equity Indices Week MTD Jul 12 Jun 12 QTD YTD
Week ending 24 August, 20 Page 1 of 8 FTSE Equity Indices Week MTD Jul Jun QTD YTD UK FTSE All Share -1.3 3.2 1.3 4.8 4.6 8.0 15.5 FTSE -1.3 3.2 1.2 5.0 4.5 6.8 15.3 FTSE 250-1.4 3.0 2.1 3.8 5.2 15.6 17.5
More informationPioneer Funds North American Basic Value
Pioneer Funds North American Basic Value Investment Conference, Boston, March 2010 James P. Cullen President & Lead Portfolio Manager, Schafer Cullen Capital Management, Inc. For Broker/Dealer Use Only
More informationSpheria Australian Smaller Companies Fund
29-Jun-18 $ 2.7686 $ 2.7603 $ 2.7520 28-Jun-18 $ 2.7764 $ 2.7681 $ 2.7598 27-Jun-18 $ 2.7804 $ 2.7721 $ 2.7638 26-Jun-18 $ 2.7857 $ 2.7774 $ 2.7690 25-Jun-18 $ 2.7931 $ 2.7848 $ 2.7764 22-Jun-18 $ 2.7771
More information[ ] WEEKLY CHANGES AGAINST THE USD MACRO & MARKET COMMENTARY. » Emerging Market had another unstable week as plunging currencies promoted
June 11, 2018 [ ] MACRO & MARKET COMMENTARY» Emerging Market had another unstable week as plunging currencies promoted central bank to act accordingly. The Central Bank of Turky and The Reserve Bank of
More informationCorpBanca. First Quarter 2015 Financial Results
CorpBanca First Quarter 2015 Financial Results Disclaimer 2 This Presentation contains forward-looking statements, including statements related to the planned acquisition of Helm Bank and the timing thereof.
More informationCME Global Repository Service (GRS)
CME Global Repository Service (GRS) 27 th April 2018 Jonathan Thursby, Global Head, GRS 2018 CME Group. All rights reserved. Founded in 1848 CME World s leading derivatives marketplace handling 3 billion
More informationThree-speed recovery. GDP growth. Percent Emerging and developing economies. World
Three-speed recovery GDP growth Percent 1 8 6 4 2-2 -4-6 198 1985 199 1995 2 25 21 215 Source: IMF WEO; Milken Institute. Emerging and developing economies Advanced economies World Output is still below
More informationCapturing equity gains whilst protecting portfolios
Capturing equity gains whilst protecting portfolios Edward Park Q2 2018 MSCI North America Total Return in USD (2017 Discrete Calendar Months) 4.00% 3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0% 0.00% Jan-17
More informationMonthly Report. August ,83
Monthly Report NAV AUGUST 2018 1 YEAR 3 YEARS 5 YEARS SINCE INCEPTION Global Allocation Fund* 100,09-0,46% -3,05% -1,52% -2,47% 47,02% 163,75% 350.000 Performance of 100.000 March 31, 2006 to August 31,
More information[ ] WEEKLY CHANGES AGAINST THE USD
January 15, 2018 [ ] MACRO & MARKETS COMMENTARY» The European central bank (ECB) has indicated it should revisit its communication stance in early 2018, according to the ECB s minutes of December meeting
More informationEquity Market Outlook. May, 2016
Equity Market Outlook May, 2016 Global Economy Update Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 Global Central Bank Monetary Policies
More informationChart Collection for Morning Briefing
Chart Collection for Morning Briefing April 3, 212 Dr. Edward Yardeni 516-972-7683 eyardeni@ Please visit our sites at www. blog. thinking outside the box Figure 1. SPANISH CREDIT INSTITUTIONS * EXPOSURE
More informationPower of Travel Promotion Evolution
Power of Travel Promotion Evolution Promotion More Important than Ever Power of Promotion $7 million Median state = marketing budget FY 2014-15 OR 45 seconds worth of Super Bowl ads $100 million = Presidential
More informationMANAGED FUTURES INDEX
MANAGED FUTURES INDEX COMMENTARY + STRATEGY FACTS JANUARY 2019 CUMULATIVE PERFORMANCE ( SINCE JANUARY 2007* ) 140.00% 120.00% 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% AMFERI BARCLAY BTOP50 CTA INDEX S&P
More informationMulti Asset Indices Selection and Rebalance Dates
29 January 2015 DBIQ Index Selection Report Multi Asset Indices Selection and Rebalance Dates The report is designed to provide the details of future dates of selection and rebalance of various Multi-Asset
More informationMAY 2018 Capital Markets Update
MAY 2018 Market commentary U.S. ECONOMICS The U.S. added 223,000 jobs to payrolls in May, well above the consensus estimate of 180,000 and the expansion average of around 200,000. Sector job gains were
More informationMANAGED FUTURES INDEX
MANAGED FUTURES INDEX COMMENTARY + STRATEGY FACTS JULY 2018 CUMULATIVE PERFORMANCE ( SINCE JANUARY 2007* ) 120.00% 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% AMFERI BARCLAY BTOP50 CTA INDEX S&P 500 S&P
More information2018 ANNUAL RETURNS YTD
Howard A. Bernstein 38608 Oyster Catcher Drive, Ocean View, DE 20171 USA ph. +1-302-616-1970 fax http://www.hbinvesting.com ANNUAL RETURNS 2014 2015 2016 2017 2018 YTD Advisor 5.90% -1.06% 2.55% 8.24%
More informationQuarterly Investment Update First Quarter 2017
Quarterly Investment Update First Quarter 2017 Market Update: A Quarter in Review March 31, 2017 CANADIAN STOCKS INTERNATIONAL STOCKS Large Cap Small Cap Growth Value Large Cap Small Cap Growth Value Emerging
More informationSeptember 4, A recap of last week s top economic news and what s to come
A recap of last week s top economic news and what s to come NAFTA making progress A bilateral trade agreement between the U.S. and Mexico was announced on Monday, putting pressure on Canada to join the
More informationQuarterly Investment Update
Quarterly Investment Update Second Quarter 2017 Dimensional Fund Advisors Canada ULC ( DFA Canada ) is not affiliated with The CM Group DFA Canada is a separate and distinct company Market Update: A Quarter
More informationTERMS OF REFERENCE FOR THE INVESTMENT COMMITTEE
I. PURPOSE The purpose of the Investment Committee (the Committee ) is to recommend to the Board the investment policy, including the asset mix policy and the appropriate benchmark for both ICBC and any
More informationEXPLORING NEW INVESTMENT FRONTIERS
@Hywel_D_George EXPLORING NEW INVESTMENT FRONTIERS Markets in context HYWEL GEORGE Source: Google 2017 in context Share of China s population living in extreme poverty 1980 88.3% 2013 1.8% 30s 40s 50s
More informationMANAGED FUTURES INDEX
MANAGED FUTURES INDEX COMMENTARY + STRATEGY FACTS JULY 2017 CUMULATIVE PERFORMANCE ( SINCE JANUARY 2007* ) 120.00% 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% AMFERI BARCLAY BTOP50 CTA INDEX S&P 500 S&P
More informationTURKEY: RECENT DEVELOPMENTS January March 2018
TURKEY: RECENT DEVELOPMENTS January March 218 3 81 4 698 961 7 34 7 96 9 66 8 98 1 931 1 6 11 2 11 88 11 19 1 883 1 97 12 48 12 112 Per capita GDP tripled while nominal GDP quadrupled in last 1 years 237
More informationPichardo Asset Management Independent Portfolio Management Firm
Pichardo Asset Management Independent Portfolio Management Firm Review of the Mexican Economy October 7, 8 Content I. United States Mexico Canada Agreement (USMCA) II. Trade War and Exchange Markets III.
More informationETF portfolio review, 30th September ETF portfolios with ESG overlay. market overview. portfolio performance
ETF portfolio review, 30th September 2017 market overview All our ETF portfolios performed better than s in September and all portfolios bar fixed-income continued to add to their gains year-to-date. Our
More informationApril Economic Report. Month ending April 30, McGladrey LLP. All Rights Reserved McGladrey LLP. All Rights Reserved.
April Economic Report Month ending April 30, 2015 MARKET DASHBOARD Last Price Change % Chg. YTD % Last Price Change % Chg. YTD % S&P 500 2,108.29-19.85-0.94% 1.9% Russell Global EM 3,262.92-30.73-0.93%
More informationTURKEY: RECENT DEVELOPMENTS January June 2018
TURKEY: RECENT DEVELOPMENTS January June 218 3 81 4 698 961 7 34 7 96 9 66 8 98 1 931 1 6 11 2 11 88 11 19 1 883 1 97 12 48 12 112 Per capita GDP tripled while nominal GDP quadrupled in last 1 years 237
More informationMan AHL Diversified Markets EU
This material is of a promotional nature. Man AHL Diversified Markets EU FUND AIM Man AHL Diversified markets EU provides investors access to the AHL Diversified Programme. It aims to generate returns
More informationXML Publisher Balance Sheet Vision Operations (USA) Feb-02
Page:1 Apr-01 May-01 Jun-01 Jul-01 ASSETS Current Assets Cash and Short Term Investments 15,862,304 51,998,607 9,198,226 Accounts Receivable - Net of Allowance 2,560,786
More informationAdditional series available. Morningstar TM Rating. Funds in category. Equity style Fixed inc style. of fixed income allocation
Sun Life Granite Conservative Class Series A Additional series available NOTE: This Fund is a class of mutual fund shares of Sun Life Global Investments Corporate Class Inc. $11.5381 Net asset value per
More informationSeptember Economic Report. Month ending September 30, McGladrey LLP. All Rights Reserved McGladrey LLP. All Rights Reserved.
September Economic Report Month ending September 30, 2015 MARKET DASHBOARD 2200 2150 2100 2050 2000 1950 1900 1850 1800 1750 1700 4/6 4/20 5/4 5/18 6/1 6/15 6/29 7/13 7/27 8/10 8/24 9/7 9/21 S&P 500 :
More information2018 The year of promise
2018 The year of promise January 2018 Tushar Pradhan, Chief Investment Officer We have come a long way in 2017 Source: Kotak Institutional Equities Dec 2017 Key events and performance of the Indian market
More informationMawer Global Bond Fund
Mawer Global Bond Fund Interim Management Report of Fund Performance Management Discussion of Fund Performance For the Period Ended June 30, 2018 Investment Objectives and Strategies This interim management
More informationMan AHL Diversified Futures Ltd
Man AHL Diversified Futures (the "Company") is a futures and options fund and will invest, without limitation, into sectors including stocks, bonds, currencies, interest rates, energies, metals, credit
More informationWeekly Economic Highlights
Vol. 20 No. 22 Weekly Economic Highlights Table of Contents 1. INTEREST RATES... 1 2. CLEARING AND SETTLEMENT ACTIVITY... 2 3. TOBACCO SALES... 4 4. INTERNATIONAL COMMODITY PRICE DEVELOPMENTS..5 5. EXCHANGE
More informationYear in review Summary
Summary Canadian equities declined in 2018 and underperformed their global peers in Canadian dollar terms. U.S. equities also corrected as the risk of slowing pace of economic expansion, higher interest
More informationFEDERAL RESERVE BANK OF MINNEAPOLIS BANKING AND POLICY STUDIES
FEDERAL RESERVE BANK OF MINNEAPOLIS BANKING AND POLICY STUDIES Minneapolis Options Report December 13 th Commodity Markets Option trading rose relative to two weeks ago to a more average level last week
More information2015 ANNUAL RETURNS YTD
Stephen Somers, William Somers 1410 Russell Road, Suite 100, Paoli, PA 19301 USA ph. +1-484-576-3371 fax +1-610-688-9261 http://www.somersbrothers.com ANNUAL RETURNS 2011 2012 2013 2014 2015 YTD Advisor
More informationProsper. Fund Performance Booklet. Performance Data. Risk Rating
Performance Data This booklet contains a number of different performance measures and time periods to help you assess the fund range. The data used to arrive at the figures shown is provided by Morningstar.
More informationAS AT OCTOBER 31, Making Active Management Count NCM ALTERNATIVE SUMMARIES INVESTMENTS. ncminvestments.com
AS AT OCTOBER 31, 2018 Making Active Management Count NCM ALTERNATIVE SUMMARIES INVESTMENTS ncminvestments.com Invest in New Ideas By combining cutting-edge techniques to reduce risk, increasing investable
More informationAdditional series available. Morningstar TM Rating. Funds in category 797. Fixed income % of fixed income allocation
Sun Life Granite Growth Portfolio Investment objective Series A $14.1960 CAD Net asset value per security (NAVPS) as of September 14, 2018 $0.0440 0.31% Benchmark Blended benchmark Fund category Global
More information