Anchor Pacific’s September 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 1 of 20 asset classes
Top 3
Commodities 3.73% | Canadian Dollar (0.23%) | Hedge Funds (0.66%)
Bottom 3
US Long Term Treasury Bonds (7.95%) | US REITs (7.26%) | US Small Cap Equities (5.85%)
Canadian Markets
Equities (3.37%) | Bonds (2.51%) | IG Credit (2.11%) | CAD (0.23%)
Past 3 months
Positive returns for 2 of 20 asset classes
Top 3
Commodities 15.50% | Hedge Funds 0.67% | US High Yield (0.13%)
Bottom 3
US Long Term Treasury Bonds (13.11%) | US REITs (8.57%) | US Small Cap Equities (5.18%)
Canadian Markets
Equities (2.19%) | Bonds (3.84%) | IG Credit (2.51%) | CAD (1.82%)
Past 12 months
Positive returns for 17 of 20 asset classes
Top 3
International Developed Equities (EAFE) 24.08% | US Large Cap Equities 21.57% | Gold 10.85%
Bottom 3
US Long Term Treasury Bonds (10.72%) | US REITs (1.29%) | Canadian Total Bond Market (1.05%)
Canadian Markets
Equities 9.52% | Bonds (1.05%) | IG Credit 1.67% | CAD 3.59%
Macro Summary (Key Index Levels and Rates)
US Yields
10 year Government 4.59% (50 bps higher)
30 year Government 4.73% (53 bps higher)
Yield Curve (3m-10y) (96 bps) (less inverted by 51 bps)
High Yield spread 403 bps (wider by 18 bps)
Volatility (VIX): 17.52 (29.11% M-O-M, 28.92% from 3 months ago)
Oil: $90.79 (8.56% M-O-M, 28.52% from 3 months ago)
Gold: $1,885.40 ( (4.09%) M-O-M, (2.28%) from 3 months ago)
USD / EURO: € 0.95 (Euro weaker by 2.56% M-O-M, weaker by 3.21% from 3 months ago)
USD / Yen: ¥149.35 (Yen weaker by 2.62% M-O-M, weaker by 3.49% from 3 months ago)
*Information above is from 2023.09 Investment Scorecard
