MARKET UPDATE – OCTOBER 2018

This year so far has seen market volatility and overall performance to the downside.

Markets, by their very nature, are influenced by currencies, politics, returns, sentiment, interest rates, inflation and economic activities.

Investing is a roller-coaster-ride and one must try not get caught-up in the short-term noise, and rather focus on the long-term objectives.

Market watchers will probably describe October 2018 with a single colour: red.

While the local market has experienced three very difficult years, October was a particularly bad month for most global asset classes.

The table below highlights the total return percentages of various local and global asset classes for the month, year and three years ending October 2018.

Elena Bevilacqua CFP® Professional

Senior Financial Planner

BCom Hon: Financial Management

EDGE FINANCIAL GROUP

elena@edgefinance.co.za

Tel: (021) 555 0839

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