Monthly Update 31/02/2020
Monthly Update 31 February 2020 The Fund fell 3.81% during the month, outperforming the IA Flexible Investment sector average which fell 4.67%. Equity markets initially proved resilient to the news regarding COVID-19, with a sharp rebound even being seen in Asian markets such as the Hang Seng. As the virus continued to spread, particularly outside […]
Counterparties
The market was caught off guard yesterday when US economic growth for Q1 came in much weaker than expected. The economy contracted by an annualised 1.4% in the quarter. This was well below the 6.9% annualised rate…
Monthly Update 29/02/2020
Monthly Update29 February 2020 The Fund fell by 9.13% in February, behind its performance comparator of cash + 5%, which rose by 0.43%. It was on par with the FTSE 100 however, to which all the underlying strategies are linked, which fell 9.68% over the month. The UK stockmarket initially proved resilient to the news […]
Know What You Own and Why You Own It
Know What You Own and Why You Own It 27 February 2020 For a prolonged period of time now funds within the IA Targeted Absolute Return sector have come in for some abuse, normally related to their performance, or lack of it. In some respects this has been warranted, with some funds failing to provide […]
A Defined Success
A Defined Success 31 January 2020 Within the MI Diversified Strategy Fund you will typically find an allocation to structured notes, an asset class which we, the investment manager, have a long history of analysing. We like to hold an allocation to structured notes due to their defined characteristics. Whilst we don’t know what return […]
Coronavirus Update
Coronavirus Update31 January 2020 The advent of the coronavirus was the catalyst for an increase in volatility within stock markets in January. At the time of writing there have been over 40,000 cases reported and the death toll has reached a sad to report level of over 1,000. 99% of all cases are in China […]
Monthly Update 31/01/2020
Monthly Update 31 January 2020 The Fund fell by 2.23% during January, behind its performance comparator of cash + 5%, which rose by 0.48%. It was ahead of the FTSE 100 however, to which all the underlying strategies are linked, which fell 3.40% over the month. The UK stockmarket continued its rise into the New […]
Monthly Update 31/01/2020
Monthly Update31 January 2020 The Fund fell 0.71% during the month, marginally underperforming the IA Flexible Investment sector average which fell 0.49%. Equity markets were positive during the first half of the month as the threat of a trade war between the US and China faded. By the 17th, the US stock-market in particular, as […]
Charges
The market was caught off guard yesterday when US economic growth for Q1 came in much weaker than expected. The economy contracted by an annualised 1.4% in the quarter. This was well below the 6.9% annualised rate…
Liquidity
The market was caught off guard yesterday when US economic growth for Q1 came in much weaker than expected. The economy contracted by an annualised 1.4% in the quarter. This was well below the 6.9% annualised rate…
