Market Commentary June 2020
Growth asset returns were mixed in June with divergence between small cap and large cap stocks, hedged and unhedged equities and Australian listed property versus Australian large cap stocks. However, over the quarter, with the exception of unhedged international equities returning 6%, all other growth assets had an exceptional quarter and returned between 17% and 24%. Unfortunately, these large rebounds from the March lows still saw many growth assets post a negative return for the financial year.
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