Australian Unity Pro-D Investment Funds – Monthly Fund Updates for November 2022
Markets enjoyed a second consecutive month of strong gains in November, as lower-than-expected United States (US) and Australian inflation prints led investors to reconsider the pace of future interest rate hikes.
China eased some COVID-19 quarantine requirements near month-end, in an initial step toward reopening. Around 400 million citizens were living under restrictions during the month, prompting rare public protests.
The Australian share market rose 6.5% in the month, led by the Utilities and Materials sectors. Falling bond yields (higher bond prices) led to strong gains on "yield sensitive" assets such as listed Real Estate Investment Trusts (REITs), up 5.8% in the month. Below are the links to the Fund Updates for the Pro-D Funds as at 30th of November 2022.
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.
