We hope you, your family, and loved ones are enjoying summer so far, and have a happy Independence Day! Now if we could only liberate ourselves from COVID-19...
In summary:
- Of the indices we track, only the Russell Large Cap Value was negative for the month of June.
- Large Cap Growth was again the leader among US size- and style segments.
- Emerging Markets logged the highest monthly returns (+7.4%). At ~40% of the category, Chinese stocks lifted EM as their manufacturing sector continues to recover from its COVID-related slowdown.
- On the fixed income side, corporate bonds continued to reward investors willing to accept credit risk. Fed buying hasn't hurt.
Please contact support@xyinvestmentsolutions.com if you have any questions
As an additional note, please keep in mind that these reflect historical performance of the current models, not necessarily how accounts were invested in the past