Recap of what has happened The market selloff during this month is the sharpest market move since the 1929 crash....
Since the last quarterly re-balance, while showing strong positive returns across all portfolios, the portfolios demonstrated considerable under-performance against their corresponding benchmarks.
Since the last rebalancing, during the period between 17th of July and 14th of October, all Fusion DFM portfolios outperformed their respective benchmarks with the highest outperformance of around 0.60% recorded for more risky portfolios.
Since the last rebalancing, during the period between April and July, all Fusion DFM portfolios outperformed
All Fusion portfolios held up well in the difficult market conditions in May with the stock markets down by around 5%.
Fusion’s quarterly portfolios rebalancing resulted in a marginal increase of allocation to developed markets government bonds.