Anchor Pacific’s August 2023 investment scorecard. See asset class performance, 3-year asset class risk and return, macro summary (key index levels and rates), and yield curves.
To download the complete Monthly Investment Scorecard, please click on the link below:
Summary of Returns
Month-over-Month
Positive returns for 3 of 20 asset classes
Top 3
US Large Cap Equities (C$) 0.85% | Commodities 0.46% | US High Yield 0.25%
Bottom 3
Emerging Markets Broad (5.90%) | US Small Cap Equities (5.08%) | International Developed Equities (EAFE) (3.95%)
Canadian Markets
Equities (1.28%) | Bonds (0.10%) | IG Credit (0.10%) | CAD (2.21%)
Past 3 months
Positive returns for 13 of 20 asset classes
Top 3
Commodities 16.23% | US Small Cap Equities 8.84% | US Large Cap Equities 8.18%
Bottom 3
US Long Term Treasury Bonds (5.40%) | Canadian Total Bond Market (1.29%) | Gold (1.26%)
Canadian Markets
Equities 4.58% | Bonds (1.29%) | IG Credit (0.09%) | CAD 1.01%
Past 12 months
Positive returns for 14 of 20 asset classes
Top 3
International Developed Equities (EAFE) 16.25% | US Large Cap Equities 15.82% | Gold 13.03%
Bottom 3
US Long Term Treasury Bonds (11.00%) | US REITs (7.26%) | US Inflation Protected Bonds (3.75%)
Canadian Markets
Equities 8.51% | Bonds 0.82% | IG Credit 2.85% | CAD (1.13%)
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 4.09% (12 bps higher)
30 year Government 4.20% (18 bps higher)
Yield Curve (3m-10y) (147 bps) (less inverted by 11 bps)
High Yield spread 385 bps (wider by 6 bps)
Volatility (VIX): 13.57 ( (0.44%) M-O-M, (24.36%) from 3 months ago)
Oil: $83.63 (2.24% M-O-M, 22.82% from 3 months ago)
Gold: $1,965.90 ( (2.16%) M-O-M, (0.82%) from 3 months ago)
USD / EURO: € 0.92 (Euro weaker by (1.41%) M-O-M, stronger by 1.41% from 3 months ago)
USD / Yen: ¥145.53 (Yen weaker by (2.28%) M-O-M, weaker by (4.44%) from 3 months ago)
*Information above is from 2023.08 Investment Scorecard
