Australian Unity Pro-D Investment Funds – Monthly Fund Updates for December 2022
Most investment markets were weaker in December as investors weighed significant developments.
Central banks continue to raise official interest rates, with the Reserve Bank of Australia raising the cash rate to 3.10% and the United States (US) Federal Reserve increasing the federal funds rate to a target of between 4.25- 4.50%.
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 31st of December 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.
