
Month in a Minute: October 2023
Laying the Foundation
Financial markets continue to adjust to the reality of “higher for longer” interest rates. Over the past three
Laying the Foundation
Financial markets continue to adjust to the reality of “higher for longer” interest rates. Over the past three
Higher for longer
It was a difficult month for both share and bond markets with sharp falls across both. Despite this,
Divergence creates a land of opportunity
Global markets were choppy in August with generally weaker asset prices, although there was a
The sun is shining (but not everywhere)
July saw continued strength in global share markets, helping deliver positive performance for the
Halfway to a soft landing
Inflation is falling whilst economic growth looks to be resilient, delivering what investors have termed
Still waters run deep
Both bonds and shares saw modest falls in May, but this masks significant moves under the
The Return of Returns
After the turbulence of March, April saw gains for our Funds with positive performance from both bonds
Cakeism
Throughout the past year, we have taken a more cautious approach centred around the view that global central bank tightening
Resilience – the capacity to withstand difficulties
After a strong January, shares and bonds saw modest retracements in February. Despite this,
A flurry of better news
Despite the turmoil in markets over the past year, our diversified funds have largely maintained their
The land of opportunity
Sticking to the script of 2022, December offered up surprises to keep investors on their toes right
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An early Christmas
November was a strong month for asset prices with both shares and bonds rallying. Signs of slowing inflation
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Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the responsible entity for the Milford Investment Funds. Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).
The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current product disclosure statement (PDS) and Target Market Determination (‘TMD’) of the Fund and assess whether the Fund is appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.
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