Just a short update today, as I have covered most of this week’s activity in my earlier blog, but hopefully by this time next week we will all be a little clearer as to the way out of this lockdown.
In terms of investment markets, I have posted a link at the bottom of the page which I hope you may find useful, as it details the % growth rates (and losses) which various investment sectors have experienced in recent times and in particular, during the last month.
Looking at sharemarkets, we have seen around 14% of recovery/growth in the least month and, even within the more cautious sectors in which many of you will be invested, there has been recovering growth of around 4% for the month, which is good news after falls of around 25% to 35% in shares and between 10% and 15% in some cautious sectors in March.
I know that many of you will be invested in the Prudential Prufund and in response to the one-off pricing correction which occurred in late-March (of around 8%), bonus growth is being sustained as normal on a day by day basis and in some of the Prufund investment range, there has also been an upwards price adjustment of 2% or so, all of which is encouraging (albeit not in the Prufund Cautious Fund as yet though).
I hope to be the bearer of better news next week, as more is revealed by Number 10, but please remember that I am available as normal, for anyone who would like a chat about their investments at anytime.
Have a great weekend and let’s look forward to next week and some good news!
https://www.trustnet.com/fund/sectors/performance?universe=O