Fund Return 2015-2016
Fund return to 31 May 2016
|
Fund
|
Performance
|
|
|
1 month
|
Scheme Year to Date
|
1 Year
|
|
|
|
|
|
|
CERS Multi Asset
Fund
|
1.2%
|
-2.4%
|
-2.4%
|
|
CERS Cash Fund
|
0.0%
|
-0.7%
|
-0.7%
|
|
CERS Bond Fund
|
1.8%
|
4.2%
|
4.2
%
|
|
CERS Equity Fund
|
2.0%
|
-7.8%
|
-7.8%
|
|
CERS Property Fund
|
0.0%
|
10.5%
|
10.5%
|
|
CERS Alternative
Asset Fund
|
0.5%
|
-1.2%
|
-1.2%
|
Investment
Commentary
Provided by Appian Asset
Management, CERS Investment Adviser
Asset moves in aggregate in this first 4 months of the year
on the surface don’t appear too dramatic but what lies beneath have been some
significant shifts which reflect many of the cross currents between economic
policy and current conditions.
Brexit looms ever nearer but Sterling is back to
where it was in mid-February against both the Euro and the US dollar.
The IMF in its most recent forecast in April is now looking
for Advanced Economies to grow by 1.9% in 2016. This compares to a January
forecast of 2.1%.
NOTES
Scheme Year to date performance is the period from 1 June 2015 to the most recent month shown.
1 Year performance is the cumulative performance of the last 12 months to the most recent month shown.
Multi Asset Fund performance assumes no lifestyling.
Performance shown is net of annual management charge and Government Pension Levy as at 30 June 2015.
The investment choices offered by the Trustee will be regularly reviewed and may be varied from time to time.
Before you choose a fund we recommend that you speak to an Independent Financial Adviser.The CERS Trustee preferred
Independent Financial Adviser is Milestone Advisory Limited. You can
contact them or your own independent financial adviser to assist you to review
your investment choices. You can contact Milestone Advisory Ltd. at Canal
House, Canal Road, Dublin 6, at info@milestoneadvisory.ie or call them on 01
4068020. Their website is www.milestoneadvisory.ie.
If you require further information please contact the CERS Team at info@cers.ie