The Ashburton Global Multi-Asset Fund range delivered a positive performance during the second quarter, with the Global Growth Fund rising 2.4%, the Global Defensive Fund up 1.4% and the Sterling Asset Management Fund delivering 1.3%.
June saw the global equity market continue its rebound and the Ashburton Global Leaders portfolio rise by 2.3%.
June saw the global equity market continue its rebound and the Ashburton Global Leaders Fund (I class US$) rise 2.2%.
The global equity market continued its rebound in June, however the Global Equity Income portfolio had a less positive month, declining 0.3%.
July saw the global equity market continue its rebound and the Global Equity Growth portfolio rise by 4.1%.
The Ashburton Chindia Fund (I class US$) rose 7.3% during the month of June which was in line with the Emerging Market (EM) Index.
The Ashburton Global Strategy Fund returned 4.4% for June, (this is the movement between the NAV as at 27 May and NAV at 24 June).
In line with the continued positive move in equity markets, the multi-asset funds delivered another positive month.
The Ashburton Global Strategy Fund returned +2.2% for May (the movement between net asset value at 29 April and NAV at 27 May).
May saw the fund decline 2% compared with the MSCI Emerging Market Index’s return of 0.8%, the Indian index decline of 2.5% and the Chinese index decline of 0.5%.