Australian Unity Pro-D Investment Funds – Monthly Fund Updates for May 2024
Share markets gained in May as the US Federal Reserve suggested that the next move in interest rates will be down, and announced a reduction in the pace of its balance sheet tightening.
Major global central banks held interest rates steady with the exception of Sweden which surprised markets by cutting its official cash rate by 0.25%.
Against this backdrop, the Pro-D funds achieved solid gains during the month of May, and one-year returns are strong for each product. Longer term returns are near or above each Fund’s inflation-relative objective.
Below are the links to the Fund Updates for the Pro-D Funds as at 31st May 2024.
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.
