Anchor Pacific’s January 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 7 of 20 asset classes
Top 3
Commodities 4.39% | US Large Cap Equities 1.59% | International Developed Equities (EAFE-C$H) 1.42%
Bottom 3
US REITs (5.06%) | US Small Cap Equities (3.90%) | Emerging Markets Broad (3.55%)
Canadian Markets
Equities 0.57% | Bonds (1.47%) | IG Credit (0.78%) | CAD (1.25%)
Past 3 months
Positive returns for 19 of 20 asset classes
Top 3
US Small Cap Equities 17.67% | US Long Term Treasury Bonds 16.79% | US REITs 16.46%
Bottom 3
Commodities (3.19%) | Gold 2.37% | Emerging Markets Broad (C$) 3.24%
Canadian Markets
Equities 12.31% | Bonds 6.61% | IG Credit 6.63% | CAD 3.43%
Past 12 months
Positive returns for 15 of 20 asset classes
Top 3
US Large Cap Equities 20.60% | International Developed Equities (EAFE-C$H) 12.83% | US High Yield 8.22%
Bottom 3
US Long Term Treasury Bonds (6.67%) | US REITs (3.81%) | Emerging Markets Broad (2.74%)
Canadian Markets
Equities 4.66% | Bonds 2.05% | IG Credit 4.31% | CAD 0.69%
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 3.99% (11 bps higher)
30 year Government 4.22% (19 bps higher)
Yield Curve (3m-10y) (143 bps) (further inverted by 9 bps)
High Yield spread 359 bps (wider by 20 bps)
Volatility (VIX): 14.35 (15.26% M-O-M, (20.89%) from 3 months ago)
Oil: $75.85 (5.86% M-O-M, (6.38%) from 3 months ago)
Gold: $2,067.40 ( (0.21%) M-O-M, 3.67% from 3 months ago)
USD / EURO: € 0.92 (Euro weaker by 2.01% M-O-M, stronger by (2.22%) from 3 months ago)
USD / Yen: ¥146.88 (Yen weaker by 4.13% M-O-M, stronger by (3.16%) from 3 months ago)
*Information above is from 2024.01 Investment Scorecard
