What’s happened over the last three months?
If you had been un-concious for 3 months and upon waking checked the FTSE 100 index, you could be fooled into thinking that only a day of sleep has gone by. The index started the new tax year at 7332 points and finished three months later at 7368 points. The movement equates to just about 0.5% over 90 days. In these volatile days, we have become accustomed to daily movements of well over 1% on a fairly regular basis.
The chart above however tells the whole story. A steep drop, a fairly speedy acceleration, followed by a gradual petering out back to where we started from in the first place.
How have we done over the last quarter?
All clients have had their personal quarterly valuations. But here is how the four model portfolios that we operate have performed over the last quarter Continue reading “July 2017 Investment Review”