Emerging markets equities continued to suffer under pressure during the quarter. There have been tough trade talks that took another step in the ‘wrong direction’ for investors, as the White House threatened another US$ 200 billions of sanctions on goods from China...
The developed market managers were essentially flat performance wise during the quarter. The emerging market part is where the losses came from with weakness in China and India. Developed markets accounted for 50% of the portfolio at quarter-end while emerging...
After a strong start in January, when the fund was up almost 5%, the following two month’s correction in the global markets hurt the portfolio. The fund has a 50/50 mix of emerging markets equity vs developed markets. The best performing part of the portfolio was...
The FMG (EU) Combo Fund finished the year with a strong fourth quarter with a gain of +3.4% and completed its best year ever with a +18% gain. Strong demand for global and emerging market equities helped generate the record year. Emerging Markets accounted for 51% of...
FMG (EU) Combo Fund gained +5.1% in the 3rd Quarter of 2017 The FMG (EU) Combo Fund had yet another strong quarter given the favourable macro picture for global equities. Emerging Markets remain slightly overweight at 49%, continuing to benefit the fund. Strong GDP...
FMG (EU) Combo Fund gained 3.5% in the 2nd Quarter of 2017 The FMG Combo Fund registered a strong gain for the 2nd quarter of 2017. We were very bullish going into the year and remain so going into the 2nd half of the year. We have been tilted towards overweighting EM...
