Anchor Pacific’s September 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 17 of 20 asset classes
Top 3
Emerging Markets Broad 7.31% | Gold 5.09% | US REITs 3.26%
Bottom 3
International Developed Equities (EAFE-C$H) (0.54%) | Commodities (0.19%) | Canadian Dollar (0.17%)
Canadian Markets
Equities 3.13% | Bonds 1.90% | IG Credit 2.11% | CAD (0.17%)
Past 3 months
Positive returns for 19 of 20 asset classes
Top 3
US REITs 17.28% | Gold 13.05% | Canadian Equities 10.48%
Bottom 3
Commodities (5.19%) | International Developed Equities (EAFE-C$H) 0.43% | Canadian Dollar 1.75%
Canadian Markets
Equities 10.48% | Bonds 4.64% | IG Credit 4.64% | CAD 1.75%
Past 12 months
Positive returns for 19 of 20 asset classes
Top 3
Gold 41.77% | US Large Cap Equities 36.04% | US REITs 34.21%
Bottom 3
Commodities (6.71%) | Canadian Dollar 2.67% | US Inflation Protected Bonds 9.59%
Canadian Markets
Equities 26.59% | Bonds 12.80% | IG Credit 13.85% | CAD 2.67%
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 3.81% (10 bps lower)
30 year Government 4.14% (6 bps lower)
Yield Curve (3m-10y) (92 bps) (further inverted by 38 bps)
High Yield spread 303 bps (tighter by 14 bps)
Volatility (VIX): 16.73 (11.53% M-O-M, 34.49% from 3 months ago)
Oil: $68.17 ( (7.31%) M-O-M, (16.40%) from 3 months ago)
Gold: $2,659.40 (5.70% M-O-M, 13.12% from 3 months ago)
USD / EURO: € 0.90 (Euro stronger by 0.77% M-O-M, stronger by 3.75% from 3 months ago)
USD / Yen: ¥143.62 (Yen stronger by 1.74% M-O-M, stronger by 10.70% from 3 months ago)
*Information above is from 2024.09 Investment Scorecard
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