BetaShares Managed Risk Global Share Fund · ASX:WRLD
BetaShares Managed Risk Global Share Fund — BetaShares — Corporate Update (October 2018)
11 slides from BetaShares Managed Risk Global Share Fund's corporate update, October 2018
Slide 1: Market Trends with Chief Economist David Bassanese, October 2018
ve BetaShares Exchange Traded Funds Marke rends With Chief Economist, David Bassanese October 2018
Slide 2: Important information
The information contained in this document is general information only and does not constitute personal financial advice. It does not take into account any person’s financial objectives, situation or needs. It has been prepared by BetaShares Capital Limited (ABN 78 139 566 868, Australian Financial
Slide 3: Major Asset Class Performance and Momentum
Major Asset Class Performance* Momentum US interest rate concerns together with Sep-18 Aug-18 6-month 12-month Rank** lingering global trade tensions caused Int. Equities ($A) -0.1% 4.1% 11.4% 19.0% 1 both bond and equity returns to stumble Aust. Property -1.8% 2.7% 12.1% 13.2% 2 in September, which
Slide 4: Global equities PE ratio
The notable challenge to global equities in September was the leap higher in global interest rates. That said, forward earnings continued to rise such that the market’s overall PE ratio remained unchanged at a reasonable 14.8 Relative to interest rates, PE valuations also do not appear excessive, an
Slide 5: Global Equity Exposures Momentum
Among our major global regional/sector ETFs, Japanese equities enjoyed a Global Equity Exposures Momentum standout month, with HJPN returning Sep-18 Aug-18 6-month 12-month Rank* 5.3%. Yen weakness and investors NDQ -0.8% 9.5% 23.8% 39.8% 1 seeking value and relative safety outside of emerging marke
Slide 6: Australian equities PE ratio
Australian equities eased back in September, even though forward earnings ticked a little higher - as a lift in bond yields helped push down the “pricey” PE ratio from 16.1 to 15.8. As noted last month, relative to current bond yields, local equities could be considered “fair-value”, but have become
Slide 7: Australian Equity Exposures Momentum
The resource sector was the standout performer in September, helped by recent solid earnings Australian Equity Exposures Momentum results and strength in iron ore Sep-18 Aug-18 6-month 12-month Rank* and oil prices. QRE 5.4% -4.4% 17.3% 29.9% 1 EX20 -1.3% 1.6% 8.2% 16.3% 2 All other sector/market th
Slide 8: Australian Cash & Bond Exposures
The local interest rate outlook remains relatively steady, with the RBA still expected to keep official rates on hold for some time. That said, a US-induced uptick in local bond yields caused a small decline in total returns from CRED’s Index during September, though it has still returned 5.0% over
Slide 9: Australian dollar outlook
After several months of losses, the $A firmed a little against the $US in September, helped by firmer iron-ore prices and a broadly steady $US. Modelling suggests the $A is currently around fair value given these fundamentals. Although hopes of Chinese policy stimulus could result in stronger iron-p
Slide 10: BetaShares Product Range
BetaShares Product Range Australian Global Equity Managed Risk/ Cash & Fixed Equities Equities Income Defensive Equity Hybrids Income A200 EX20 NDQ BNKS HVST HVST HBRD AAA QOZ SMLL UMAX HEUR YMAX AUST QPON QFN FAIR QUS HJPN UMAX WRLD CRED QRE FUEL MNRS FOOD DRUG HACK ETHI ASIA* RBTZ* Short Geared Cu
Slide 11: Visit our website for the latest Fund data, blogs and investment information
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