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Markets

Global Market Performance

Index rebased in GBP Sterling

MarketsLast MonthYTD
FTSE 100 -4.01% -20.36%
Euro Stoxx 50 -0.86% -11.95%
S&P 500 5.07% 2.04%
Nikkei 225 -1.86% -8.23%
Emerging Markets 7.70% 2.17%
Finex UK Property -0.08% -3.77%

Passive Plus

Portfolio Performance

 

 Last MonthYTD
Adventurous -0.09 -9.65%
Balanced 0.11% -8.43%
Cautious 0.71% -4.50%
Defensive 0.90% -3.00%
Global Equities -1.31% -9.95%
Adventurous Ethical 1.13% -2.42%
Cautious Ethical 1.16% -0.53%

The YTD return stated is based on account values from the 1st of January to the end of last month. The amounts shown are approximated and should only be used as a guide. Please log into your account or contact the office for an accurate valuation.

August Update

The recovery in the UK market stalled during July with the FTSE 100 index ending on a negative note. Europe and Japan did not fare much better while the US and Emerging Markets both achieved positive results for the month.

It is difficult to speculate where the markets will be in the short term. There is increased anticipation that a suitable vaccine will be available towards the end of this year to treat COVID 19 with the Oxford Jenner Institute still perceived to be leading the way. If this is successful and rolled out in an effective manner, we could witness a relatively swift market recovery. However, this is caveated with the fact that unemployment will likely start to rise significantly towards the latter part of this year, which will not be helpful.

Our diversified approach has helped to avoid any major downturns this month with some small but positive returns in eight of our ten recommended strategies. We have no immediate plans to change strategies significantly, and we remain comfortable with the current positioning and holdings in general.

As always, please get in touch if you have any queries or concerns.

Disclaimer Issued by Sterling Financial Services Ltd, which is regulated and authorised by the Financial Conduct Authority. The contents of this update do not constitute advice and should not be taken as a recommendation to purchase or invest in any of the products mentioned. Before taking decisions, we suggest you seek advice from one of our qualified and authorised financial advisers. All figures and the information provided are correct at the time of writing. Past performance is not necessarily a guide to future returns, and the value of investments can fall as well as rise. You may get back less than you have invested. If you have any comments or suggestions on how to improve the monthly update or would like to be removed from our current email list, then please send an email to info@sterlingfs.co.uk or use the unsubscribe link from the Mailchimp email.