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. 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.
