The correction in the US and Latin America started from a peak on 19 July 2007 and 23 July 2007 respectively to a low on the 16 Aug 2007. Below is a summary of returns of the US markets and related unit trusts during this period (% in brackets are the YTD returns from 29 Dec 06 till 16 Aug 07):
United States
Dow Jones Industrials -11.5% (+2.3%)
S&P 500 -9.1% (-0.5%)
Infinity US 500 Stock Index -8.2% (-0.9%)
Aberdeen American Opps -8.2% (-0.1%)
Fidelity America A SGD -8.8% (-1.0%)
Latin America
MSCI EM Latin America -23.1% (+4.9%)
Schroder ISF Latin America A Acc USD -19.8% (+9.1%)
Franklin Templeton Latin America -19.8% (N.A.)
ABN Amro Latin America Eqty USD -23.6% (+15.1%)
Fidelity Latin America USD -24.9% (+0.3%)
Brazil
Bovespa -17.3% (+8.0%)
ABN Amro Brazil USD -27.1% (+8.1%)
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The correction in Europe started even earlier from a high on 16 July to a low on 16 Aug. Below is a summary of returns of the US markets and related unit trusts during this period (% in brackets are the YTD returns from 29 Dec 06 till 16 Aug 07):
Europe
MSCI Europe -14.2% (-1.9%)
DJ Stoxx 50 -11.3% (-4.1%)
Aberdeen European Opps -12.4% (-1.2%)
Infininty Euro Stock Index -12.9% (0%)
Franklin Templeton European Eqty -12.9% (-1.5%)
DBS Shenton Greater Europe -13.3% (+0.2%)
Fidelity European Gth EUR -13.3% (-1.9%)
PRU Pan European -13.9% (+0.7%)
Fidelity Euro Agg EUR -14.9% (-2.6%)
FTSE 100 -11.8% (-5.8%)
FTSE All Share -12.4% (-5.9%)
Germany
DAX -9.0% (+10.2%)
MSCI Germany -12.9% (+9.5%)
Fidelity Germany EUR -14.5% (+6.2%)
France
CAC 40 -13.2% (-5.0%)
MSCI France -16.3% (-4.2%)
Fidelity France EUR -14.5% (-2.2%)
Spain & Portugal
Madrid Gen -7.4% (-1.0%)
MSCI Spain -9.4% (+1.1%)
MSCI Portugal -12.4% (+8.6%)
Fidelity Iberia EUR -12.2% (N.A.)
Saturday, August 18, 2007
Performance of American & European Markets and related Unit Trusts during the Jul - Aug 2007 correction
Posted by
Nigel
at
6:01 PM
Labels: My Articles
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