Global market performance started strong in February but dropped dramatically during the final week of the month due to the hike of coronavirus (COVID-19) cases outside China, particularly in Australia, Italy, Iran and South Korea.
Fear of the coronavirus epidemic dampened market sentiments in January. Investors were disposing riskier assets such as equities and stocks but aggressively loading up the defensive assets such as bonds and fixed income.
There probably wasn’t any bigger news that made the world headlines in January 2020 apart from the coronavirus outbreak in China. Any virus outbreak undoubtedly is a great cause for concern.
All MYTHEO functional portfolios delivered substantial gains in 2019. Growth portfolio led by a gain of 20.24%, Income Portfolio added 9.64% and Inflation Hedge portfolio advanced by 18.01%.
The currency movement had a significant impact on the functional portfolios’ performance in December 2019. Weaker USD led to a better performance of the Non-US assets and commodity-related asset classes.
It’s that time again for MYTHEO’s monthly insights. The returns since inception were positive across all functional portfolios despite ups and downs in the month-to-month performances. Let’s see how each portfolio has performed.
All MYTHEO functional portfolios delivered a solid return since its inception in June 2019. In the first five months, from June 2019 to October 2019, the Growth portfolio showed a positive return of 6.7%, Income portfolio rose by 3.9% and Inflation Hedge portfolio gained by 5.9%.
MYTHEO has a Regular Savings Plan service so that customers can automatically invest a regular amount each month. This is a great way to get started with investing and, at MYTHEO, you can set up monthly regular savings with as low as RM100 per month.
Read MoreInvestors' emotions were tested again in September 2019. Let’s review how our functional portfolios performed during that month.
Read MoreMYTHEO is an “automated asset management service”, but many people have asked to know more about how MYTHEO actually performs the Omakase (‘I’ll leave it up to you’) approach.
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