Hello! I hope everyone had a wonderful Thanksgiving break.
Here is the index return information for November 2019:
- Returns were mainly positive across equities with US equities outperforming non-US; several US equity benchmarks hit new highs through the month as recession fears faded.
- US small growth was the best returning asset class at 5.9%, followed by US large growth at 4.4%.
- Fixed income returns were mixed for November with Treasury yields rising across the curve, pushing down Treasury returns into negative territory with corporates and munis earning slightly positive returns.
- All benchmark returns shown are positive for all periods YTD and longer.
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