Australian Unity Pro-D Investment Funds – Monthly Fund Updates for May 2021
Investment markets enjoyed another solid monthly return in May, with most share markets gaining ground and bond yields falling (prices and yields move in opposite directions).Posted: June 30, 2021
Investment markets enjoyed another solid monthly return in May, with most share markets gaining ground and bond yields falling (prices and yields move in opposite directions).
Against this backdrop, the Pro-D funds achieved positive returns for the month with returns over one year and beyond well above the Funds’ inflation-relative objectives.
The Funds trimmed their US equity exposure, specifically their holding in the S&P 500 Index. The price of this index has risen much faster than underlying company earnings in recent years, and we expect low returns over the next 5 to 10 years.
Please find below, links to the Fund Updates for the Pro-D Funds as at 31 May 2021.
If you would like further information about these investments, please contact your Plus7FM team here https://www.plus7fm.com.au/contact.
Alternatively, you can speak with a member of our Adviser Services team by calling (08) 8130-5500 or email any questions to firstname.lastname@example.org.
Units in the Pro-D Funds are issued by Australian Unity Funds Management Limited ABN 60 071 497 115, AFS Licence No. 234454. The information in this document is general information and is not based on the financial objectives, situation or needs of any particular investor. In deciding whether to acquire, hold or dispose of the product you should refer to the respective Product Disclosure Statements (PDSs) dated 28 October 2019 that are available for the AUFM Managed Fund No.1 ARSN 160 420 986 (Pro-D High Growth Fund), AUFM Managed Fund No.2 ARSN 160 421 063 (Pro-D Balanced Fund) and the AUFM Managed Fund No.3 ARSN 160 421 161 (Pro-D Growth Fund) and consider whether the product is appropriate for you. A copy of the PDSs are available at australianunity.com.au/wealth or by calling our Investor Services team on 1300 997 774. Investment decisions should not be made upon the basis of its past performance or distribution rate, or any rating given by a ratings agency, since each of these can vary. The information provided in the document is current at the time of publication.
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