Anchor Pacific’s May 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 19 of 20 asset classes
Top 3
US Large Cap Equities 5.06% | US Small Cap Equities 5.04% | International Developed Equities (EAFE) 4.66%
Bottom 3
Commodities (1.44%) | Emerging Markets Broad (C$) 1.15% | Canadian Dollar 1.23%
Canadian Markets
Equities 2.71% | Bonds 1.80% | IG Credit 1.50% | CAD 1.23%
Past 3 months
Positive returns for 17 of 20 asset classes
Top 3
Gold 13.73% | International Developed Equities (EAFE-C$H) 6.45% | Emerging Markets Broad 5.12%
Bottom 3
US Long Term Treasury Bonds (3.00%) | US REITs (1.87%) | US Total Bond Market (0.25%)
Canadian Markets
Equities 5.09% | Bonds 0.14% | IG Credit 0.51% | CAD 0.19%
Past 12 months
Positive returns for 19 of 20 asset classes
Top 3
US Large Cap Equities 28.04% | International Developed Equities (EAFE-C$H) 21.65% | US Small Cap Equities 20.04%
Bottom 3
US Long Term Treasury Bonds (8.85%) | US Total Bond Market 1.02% | US Inflation Protected Bonds 1.36%
Canadian Markets
Equities 17.47% | Bonds 2.43% | IG Credit 5.71% | CAD 1.98%
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 4.51% (18 bps lower)
30 year Government 4.65% (14 bps lower)
Yield Curve (3m-10y) (95 bps) (flatter by 18 bps)
High Yield spread 320 bps (wider by 2 bps)
Volatility (VIX): 12.92 ( (17.44%) M-O-M, (3.58%) from 3 months ago)
Oil: $76.99 ( (6.03%) M-O-M, (1.62%) from 3 months ago)
Gold: $2,347.80 (1.49% M-O-M, 14.26% from 3 months ago)
USD / EURO: € 0.92 (Euro stronger by (1.63%) M-O-M, stronger by (0.35%) from 3 months ago)
USD / Yen: ¥157.31 (Yen stronger by (0.31%) M-O-M, weaker by 4.89% from 3 months ago)
*Information above is from 2024.05 Investment Scorecard
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