Australian Unity Pro-D Investment Funds – Monthly Fund Updates for October 2023
The Pro-D funds declined in value during October, with most underlying holdings falling in price during the month.
Investment markets, and the portfolios, were impacted by Hamas’ deadly attack on Israel, and the Israeli response in the Gaza Strip.
Bond yields continued the prior month’s rise, as strong US Gross Domestic Product growth and still-elevated inflation led markets to price in additional cash rate increases.
Longer term returns for the Funds are solid, with the High Growth Fund’s return sitting above its inflation-relative objective since inception, while the Balanced and Growth Funds’ returns are slightly below objective since inception.
Below are the links to the Fund Updates for the Pro-D Funds as at 31st of October 2023.
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.
