Australian Unity Pro-D Investment Funds – Monthly Fund Updates for May 2022
May was a tough month for most asset classes, particularly assets with “duration” or “growth” characteristics.
Posted: June 24, 2022May was a tough month for most asset classes, particularly assets with “duration” or “growth” characteristics. The Reserve Bank of Australia joined many other global central banks in raising official rates on 3 May (with a further 1/2 percent increase in June) to curb elevated inflation, Australian bond yields increased (and bond prices fell) in anticipation of additional rate rises, and shares & property companies fell in value.
Below are the links to the Fund Updates for the Pro-D Funds as at 31 May 2022.
Further information
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 admin@plus7fm.com.au.