Australian Unity Pro-D Investment Funds – Monthly Fund Updates for January 2025
Share markets gained during January. US President Donald Trump signed a flurry of (economic and non-economic) Executive Orders following his inauguration, unwinding some actions previously undertaken by President Joe Biden. Los Angeles suffered an outbreak of wildfires that caused widespread property destruction (quite apart from the tragic loss of life). Israel and Hamas began implementation of the first stage of a negotiated ceasefire agreement, with Israel exchanging prisoners for hostages held by Hamas.
Australia’s CPI inflation print for the quarter to end-December came in at 0.2% vs expectations of 0.3%. The RBA held rates steady for the month while the European Central Bank cut rates by a further 0.25%, taking their official rate to 2.75%.
Australian shares returned 4.5% in January and A-REITs gained 4.6%. Currency-hedged international shares returned 3.5% and currency-unhedged investors gained 2.7%, hindered somewhat by the AUD which gained against the US dollar and Euro.
Below are the links to the Fund Updates for the Pro-D Funds as at 31st of January 2025.
Further information
If you would like further information about these investments, please contact your Plus7FM team.
Alternatively, you can speak with a member of our Adviser Services team by calling (08) 8130 5500 or email any questions.