Anchor Pacific’s July 2024 investment scorecard. See asset class performance, 3-year asset class risk and return, macro summary (key index levels and rates), and yield curves.
To download the complete Monthly Investment Scorecard, please click on the link below:
Summary of Returns
Month-over-Month
Positive returns for 18 of 20 asset classes
Top 3
US Small Cap Equities 10.34% | US REITs 7.94% | Canadian Equities 5.80%
Bottom 3
Commodities (2.89%) | Canadian Dollar (0.65%) | International Developed Equities (EAFE-C$H) 0.78%
Canadian Markets
Equities 5.80% | Bonds 2.17% | IG Credit 2.46% | CAD (0.65%)
Past 3 months
Positive returns for 19 of 20 asset classes
Top 3
US REITs 14.98% | US Small Cap Equities 14.59% | US Large Cap Equities 10.08%
Bottom 3
Commodities (3.41%) | Canadian Dollar 0.30% | Hedge Funds 2.82%
Canadian Markets
Equities 7.13% | Bonds 5.36% | IG Credit 4.73% | CAD 0.30%
Past 12 months
Positive returns for 17 of 20 asset classes
Top 3
Gold 24.24% | US Large Cap Equities 22.00% | Canadian Equities 15.66%
Bottom 3
Canadian Dollar (2.18%) | US Long Term Treasury Bonds (1.52%) | Commodities (0.42%)
Canadian Markets
Equities 15.66% | Bonds 7.29% | IG Credit 9.06% | CAD (2.18%)
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 4.09% (27 bps lower)
30 year Government 4.35% (16 bps lower)
Yield Curve (3m-10y) (132 bps) (flatter by 20 bps)
High Yield spread 325 bps (wider by 4 bps)
Volatility (VIX): 16.36 (31.51% M-O-M, 4.54% from 3 months ago)
Oil: $77.91 ( (4.45%) M-O-M, (4.91%) from 3 months ago)
Gold: $2,490.60 (6.45% M-O-M, 8.15% from 3 months ago)
USD / EURO: € 0.92 (Euro stronger by 1.01% M-O-M, stronger by 1.46% from 3 months ago)
USD / Yen: ¥149.98 (Yen stronger by 6.75% M-O-M, stronger by 4.96% from 3 months ago)
*Information above is from 2024.07 Investment Scorecard
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