Anchor Pacific’s March 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 20 of 20 asset classes
Top 3
Gold 8.67% | Commodities 4.45% | Canadian Equities 4.18%
Bottom 3
Canadian Dollar 0.47% | Canadian Total Bond Market 0.53% | Canadian IG Credit 0.55%
Canadian Markets
Equities 4.18% | Bonds 0.53% | IG Credit 0.55% | CAD 0.47%
Past 3 months
Positive returns for 13 of 20 asset classes
Top 3
US Large Cap Equities 10.39% | Commodities 9.97% | International Developed Equities (EAFE-C$H) 9.92%
Bottom 3
US Long Term Treasury Bonds (3.70%) | Canadian Dollar (1.47%) | Canadian Total Bond Market (1.32%)
Canadian Markets
Equities 6.58% | Bonds (1.32%) | IG Credit 0.09% | CAD (1.47%)
Past 12 months
Positive returns for 19 of 20 asset classes
Top 3
US Large Cap Equities 29.62% | US Small Cap Equities 19.50% | International Developed Equities (EAFE) 15.00%
Bottom 3
US Long Term Treasury Bonds (7.83%) | US Inflation Protected Bonds 0.14% | US Total Bond Market 1.30%
Canadian Markets
Equities 13.97% | Bonds 2.02% | IG Credit 5.45% | CAD 2.14%
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 4.2% (5 bps lower)
30 year Government 4.34% (4 bps lower)
Yield Curve (3m-10y) (126 bps) (flatter by 6 bps)
High Yield spread 315 bps (tighter by 14 bps)
Volatility (VIX): 13.01 ( (2.91%) M-O-M, 4.50% from 3 months ago)
Oil: $83.17 (6.27% M-O-M, 16.08% from 3 months ago)
Gold: $2,238.40 (8.43% M-O-M, 8.04% from 3 months ago)
USD / EURO: € 0.93 (Euro weaker by 0.12% M-O-M, weaker by 2.25% from 3 months ago)
USD / Yen: ¥151.31 (Yen weaker by 0.89% M-O-M, weaker by 7.27% from 3 months ago)
*Information above is from 2024.03 Investment Scorecard
