SUMMARY
The Fund returned 1.1% (Class A, AUD) and 1% (Class B, USD) in October, while the TA 125 Index returned 4%. The Fund rebounded as global equity markets recovered upon expectations that lower US inflation would lead to an easing of the pace of global interest rate increases and a lower peak next year.
Shares in Israel’s technology sector remain volatile but are above the lows which the market reached in the middle of the year.
We recently held a Portfolio and Investment Update webinar, along with Q&A for shareholders, which is available below for your review. CPD points are applicable for Australian Financial Planners HERE.