Anchor Pacific’s December 2021 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 17 of 20 asset classes
Top 3
US REITs +9.69% | Commodities 7.21% | US Large Cap Equities 4.63%
Bottom 3
US Long Term Treasury Bonds –2.01% | US Total Bond Market -0.36% | US IG Credit -0.03%
Canadian Markets
Equities +2.83% | Bonds +1.74% | IG Credit +1.66% | CAD +1.08%
Past 3 Months
Positive returns for 17 of 20 asset classes
Top 3
US REITs +15.04% | US Large Cap Equities +11.07% | US Large Cap Equities (C$) +10.73%
Bottom 3
Emerging Markets Broad (C$) -0.48% | Emerging Markets Broad -0.12% | US Total Bond Market –0.10%
Canadian Markets
Equities +6.41% | Bonds +1.56% | IG Credit +0.96% | CAD +0.07%
Past 12 Months
Positive returns for 13 of 20 asset classes
Top 3
US REITs +40.52% | Commodities +38.77% | US Large Cap Equities +28.74%
Bottom 3
US Long Term Treasury Bonds –4.60% | Gold –4.15% | Canadian Total Bond Market -3.01%
Canadian Markets
Equities +25.05% | Bonds –3.01% | IG Credit –2.03% | CAD +0.22%
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 1.52% (9.0 bps higher)
30 year Government 1.9% (12.0 bps higher)
Yield Curve (2-30) 117 bps (flatter by 9 bps)
High Yield spread 310 bps (tighter by 57.0 bps)
Volatility (VIX): 17.22 (-36.67% M-O-M, -25.58% from 3 months ago)
Oil: $75.21 (13.64% M-O-M, 0.24% from 3 months ago)
Gold: $1820.10 (1.25% M-O-M, 5.15% from 3 months ago)
USD / Euro: €0.88 (Euro stronger by 0.28% M-O-M, weaker by 1.88% from 3 months ago)
USD / Yen: ¥115.08 (Yen weaker by 1.72% M-O-M, weaker by 3.42% from 3 months ago)
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