Hello Everyone,
Here is a link to the September Newsletter.
Having seen an overall improvement in sector performance during June and July, things went downhill in August. Only six sectors went up making it the worst month so far this year.
All of the stock market indices that we track also went down. In the UK the FTSE 100 fell by 3.4% and the FTSE 250 went down by 2.8%.
September hasn’t started particularly well, but last week was more encouraging. The FTSE 100 had the best week that it’s had since January, gaining 3.1%. Fingers crossed it’s the start of an Autumn rally.
Our portfolios remain heavily weighted towards the Safe Haven funds but continue to make gains, albeit rather slowly. The Royal London Short Term Money Market fund, our largest holding, went up by 0.52% last month. If it keeps on going at that rate, then that works out at an annual return of over 6%.
As always, I hope that you enjoy this month’s newsletter and I look forward to hearing any feedback.
Having seen an overall improvement in sector performance during June and July, things went downhill in August. Only six sectors went up making it the worst month so far this year.
All of the stock market indices that we track also went down. In the UK the FTSE 100 fell by 3.4% and the FTSE 250 went down by 2.8%.
September hasn’t started particularly well, but last week was more encouraging. The FTSE 100 had the best week that it’s had since January, gaining 3.1%. Fingers crossed it’s the start of an Autumn rally.
Our portfolios remain heavily weighted towards the Safe Haven funds but continue to make gains, albeit rather slowly. The Royal London Short Term Money Market fund, our largest holding, went up by 0.52% last month. If it keeps on going at that rate, then that works out at an annual return of over 6%.
As always, I hope that you enjoy this month’s newsletter and I look forward to hearing any feedback.
Kind regards and best wishes,
Richard Webb
Managing Director
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