Anchor Pacific’s February 2024 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 14 of 20 asset classes
Top 3
US Small Cap Equities 5.63% | US Large Cap Equities 5.22% | Emerging Markets Broad (C$) 4.43%
Bottom 3
US Long Term Treasury Bonds (2.25%) | US IG Credit (1.93%) | US Total Bond Market (1.47%)
Canadian Markets
Equities 1.73% | Bonds (0.38%) | IG Credit 0.33% | CAD (0.69%)
Past 3 months
Positive returns for 20 of 20 asset classes
Top 3
US Small Cap Equities 13.81% | US Large Cap Equities 11.77% | International Developed Equities (EAFE) 7.31%
Bottom 3
Gold 0.30% | Canadian Dollar 0.59% | Canadian Total Bond Market 1.65%
Canadian Markets
Equities 6.29% | Bonds 1.65% | IG Credit 2.90% | CAD 0.59%
Past 12 months
Positive returns for 19 of 20 asset classes
Top 3
US Large Cap Equities 30.17% | International Developed Equities (EAFE) 13.88% | Gold 11.50%
Bottom 3
US Long Term Treasury Bonds (4.12%) | US Inflation Protected Bonds 2.35% | Canadian Dollar 2.77%
Canadian Markets
Equities 9.14% | Bonds 3.70% | IG Credit 6.31% | CAD 2.77%%
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 4.25% (26 bps higher)
30 year Government 4.38% (16 bps higher)
Yield Curve (3m-10y) (120 bps) (further inverted by 23 bps)
High Yield spread 329 bps (tighter by 30 bps)
Volatility (VIX): 13.40 ( (6.62%) M-O-M, 3.72% from 3 months ago)
Oil: $78.26 (3.18% M-O-M, 3.03% from 3 months ago)
Gold: $2,054.70 ( (0.13%) M-O-M, 0.81% from 3 months ago)
USD / EURO: € 0.93 (Euro weaker by 0.12% M-O-M, weaker by 0.75% from 3 months ago)
USD / Yen: ¥149.98 (Yen weaker by 2.11% M-O-M, weaker by 1.21% from 3 months ago)
*Information above is from 2024.02 Investment Scorecard
