Ear to the Ground
We start with the UK this week where, as expected, the Bank of England hiked rates by a further 0.25% to 4.5%. This was the 12th consecutive rise, with there again being split opinion, with 7 voting in favour of the hike whilst 2 voted in favour of no change.
Monthly Update 31/07/2022
Monthly Update31 July 2022 The Fund rose by 3.22% during July, ahead of its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5% which rose by 0.48%. Strong expectations of central banks raising interest rates further to quell inflation helped calm equity markets in July. In […]
Monthly Update 30/06/2022
Monthly Update30 June 2022 The Fund fell by 3.50% during June, behind its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5% which rose by 0.49%. It was ahead of the FTSE 100 index, however, which fell by 5.76% over the month. The likelihood of an […]
Monthly Update 31/05/2022
Monthly Update31 May 2022 The Fund rose 1.25% during May, ahead of its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5% which rose by 0.51%. It is also ahead over the year to date, with growth of 2.99% since the turn of the year, compared […]
Monthly Update 31/12/2021
Monthly Update31 December 2021 The Fund rose by 3.50% in December, ahead of its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5%, which rose by 0.43%. December brought a strong end to the year, as hope grew that the latest Covid variant, Omicron, would not […]
Monthly Update 30/11/2021
Monthly Update30 November 2021 The Fund fell by 1.53% in November, whilst its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5%, rose by 0.43%. November had been a positive month initially, with the fund being up 1.02% on the 25th. The discovery of a new […]
Monthly Update 31/10/2021
Monthly Update31 October 2021 The Fund rose by 1.57% in October, ahead of its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5%, which rose by 0.39%. October was a positive month for the UK stock market, as measured by the FTSE 100 index which rose […]
Monthly Update 31/12/2020
Monthly Update31 December 2020 The Fund rose 1.59% in December, well ahead its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5%, which rose by 0.42%. December was a positive month for UK equities with Brexit trade negotiations reaching a positive conclusion, albeit just within the […]
Monthly Update 30/11/2020
Monthly Update30 November 2020 The Fund rose 10.01% in November, well ahead its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5%, which rose by 0.42%. It was behind the FTSE 100 Index however, to which all the underlying strategies are linked, which rose by 12.35% […]
Monthly Update 31/10/2020
Monthly Update31 October 2020 The Fund fell 4.09% in October, behind its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5%, which rose by 0.41%. It was ahead of the FTSE 100 Index however, to which all the underlying strategies are linked, which fell 4.92% over […]
