Positive returns in August

All our ETF portfolios added to the year-to-date gains in August, except the equity ETF portfolio. The returns to our ETF portfolios have ranged from 4.78% (fixed-income) to 10.16% (equity) in 2017.

Our investments in social media (+4.4%), Turkey (+4.3%) and semiconductor equities (+2.9%) were the best performing assets in the month. Euro banks (-3.0%), listed private equity (-2.3%) and US mid-caps (-1.7%) were the biggest laggards.

Equity losses more than offset the gains and weighed slightly on relative performance. Despite some wobbles in the month, we believe the bull market is intact and remain fully invested.

Our focus remains on delivering superior returns via a rising proportion of ESG (Environmental, Social and Governance) ETFs. We will continue to avoid fossil fuels and related investment across all our portfolios.

Please follow this link to read Secure Wealth Management’s monthly ETF portfolio review for August 2017.