Hello,
Equities suffered last week as the mismatch between the interest rate expectations of Fed members versus market participants came to the fore of investors’ minds – more info below. The concept of ‘higher rates for longer’ is a key input into our current positioning and is discussed further in our Half-Year Investment Outlook to be published this week. We will outline a summary of the Outlook at a Webinar on Wednesday morning. You can register in the usual fashion here.
We are also delighted to announce the launch of a brand-new Fixed Term Deposit Fund. The fund will be open for a limited time only and offer a fixed gross return of 4.12% per annum*. We often extol the benefits of long-term multi-asset investing, with sufficient exposure to risk assets. However, we do recognise for certain customers in certain scenarios, lower risk funds with defined returns are more suitable. Further information on the fund, the timelines, and how to invest will also be covered at the webinar on Wednesday.
As always, if you wish to discuss anything in further detail, please do get in touch.