Anchor Pacific’s November 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 19 of 20 asset classes
Top 3
US REITs 12.08% | US Long Term Treasury Bonds 9.92% | US Small Cap Equities 9.20%
Bottom 3
Commodities (4.39%) | Canadian Dollar 2.32% | Gold 2.53%
Canadian Markets
Equities 7.49% | Bonds 4.48% | IG Credit 3.98% | CAD 2.32%
Past 3 months
Positive returns for 16 of 20 asset classes
Top 3
Gold 4.85% | Canadian IG Credit 2.30% | US Large Cap Equities (C$) 2.02%
Bottom 3
Commodities (4.70%) | US Long Term Treasury Bonds (4.34%) | US Small Cap Equities (4.30%)
Canadian Markets
Equities 0.56% | Bonds 1.94% | IG Credit 2.30% | CAD (0.02%)
Past 12 months
Positive returns for 16 of 20 asset classes
Top 3
Gold 14.53% | US Large Cap Equities 13.71% | International Developed Equities (EAFE) 9.25%
Bottom 3
US Long Term Treasury Bonds (7.92%) | Commodities (4.21%) | US REITs (2.95%)
Canadian Markets
Equities 2.33% | Bonds 1.44% | IG Credit 3.83% | CAD 0.99%
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 4.37% (51 bps lower)
30 year Government 4.54% (50 bps lower)
Yield Curve (3m-10y) (108 bps) (previously (-71 bps) )
High Yield spread 384 bps (tighter by 58 bps)
Volatility (VIX): 12.92 ( (28.78%) M-O-M, (4.79%) from 3 months ago)
Oil: $75.96 ( (6.25%) M-O-M, (9.17%) from 3 months ago)
Gold: $2,038.10 (2.20% M-O-M, 3.67% from 3 months ago)
USD / EURO: € 0.92 (Euro stronger by 2.84% M-O-M, stronger by 0.40% from 3 months ago)
USD / Yen: ¥148.19 (Yen stronger by 2.29% M-O-M, weaker by (1.83%) from 3 months ago)
*Information above is from 2023.11 Investment Scorecard
