We will revisit the process we apply in building robust portfolios to increase expected returns, manage risks and control costs. We will also discuss any strategic issues that clients should consider during these uncertain times.
We will start with the major themes for the quarter. As was the case for the previous quarter, the major theme of the June quarter was no surprise, COVID 19.
In contrast to the punishment investors took in the March quarter, the June quarter provided quite some relief. But for the real estate sector we have seen market rallies that partially counted some of these steep falls we experienced in the March quarter.The easing of the COVID-19 lockdowns saw The Australian dollar strengthen providing a premium for the international shares part of the portfolio that is hedged to negate the impact of currency movements.
When things are uncertain as they have been for the last sort of six months, that’s when it’s most important to be sticking to your plan.
For peace of mind it’s really important that you are speaking to us, to your Capital Partners adviser and refreshing yourself on what your plan is so that we can reassure you, and so that you can ask questions to get them off your mind.