Market Watch is a monthly publication on the investment themes that influence returns from well diversified portfolios like ipac’s.
In this edition investors may be surprised to learn that the United States’ sharemarket is up 28.1% and the Australian sharemarket is up 11.9% for the 12 months to 30 June 2011.
In the past few months, investor sentiment has been dampened as headlines have focused on issues such as sovereign debt concerns in Greece. However, corporate profits have been the dominant factor in the year. Companies are taking advantage of opportunities to increase their earnings.
The result is that global share and property markets have generated excellent 12 month returns.
Read more about corporate success and sharemarket performance in Market Watch, review of June 2011