SUMMARY
- Global equities were volatile in September but ended the month higher in local currency terms as inflation continued to slow, bringing the prospect of a soft landing across the global economy.
- The US began to reduce interest rates, while central banks of other developed economies made further cuts.
- The Portfolio returned -1.5% in September, while the benchmark delivered +0.1%.
Join Fund Manager Bradley Amoils as he discusses the Fund’s current portfolio holdings, the factors influencing recent performance, and some of the market variables the investment team is considering moving forward. Register here.