Liontrust Views Spring 2023 - Flipbook - Page 15
European (but not
UK) stocks
US stocks
UK stocks
UK corporate bonds
Japanese stocks
Emerging market
stocks
8.88%
4.58%
3.08%
2.22%
2.15%
1.20%
FTSE All World
Developed Europe
excluding UK Index
S&P 500
Composite Index
FTSE All-Share
Index
Bloomberg Barclays
Sterling Aggregate
Bond Index
TOPIX Index
MSCI Emerging
Market Index
Global high
yield bonds
European
corporate bonds
US corporate bonds
Global
government bonds
Emerging
market bonds
Asian (but not
Japanese) stocks
0.78%
0.77%
0.69%
0.69%
-0.53%
-0.60%
ICE Bank of
America ML Global
High Yield Bond
Index
Bloomberg Barclays
European Corporate
Bond Index
Bloomberg Barclays
US Corporate Bond
Index
FTSE G7 Index
JP Morgan Global
Emerging Market
Bond Index
MSCI
Pacific ex-Japan
Index
To highlight the unpredictability of markets,
the table below details the performance of
global equity and fixed income indices over
the past five years (in sterling terms).
This table demonstrates how volatile markets
can be, and shows the benefits of diversifying
your investment, or in other words, not putting
all your eggs in one basket.
1 Apr 2022 to
31 Mar 2023
1 Apr 2021 to
31 Mar 2022
1 Apr 2020 to
31 Mar 2021
1 Apr 2019 to
31 Mar 2020
1 Apr 2018 to
31 Mar 2019
US stocks
-1.74
21.18
40.52
-2.24
17.88
European (but not UK) stocks
8.48
6.46
35.01
-7.81
2.95
UK stocks
2.92
13.03
26.71
-18.45
6.36
Japanese stocks
-0.04
-4.97
22.28
-5.02
-4.07
Asian (but not Japanese) stocks
-1.31
8.91
38.49
-19.67
12.73
Emerging market stocks
-4.48
-6.82
42.83
-13.16
0.05
Global government bonds
-3.35
-2.90
-9.93
12.94
6.75
Global high yield bonds
1.84
-0.09
12.94
-3.61
11.07
US corporate bonds
0.58
0.39
-2.28
10.32
12.97
European corporate bonds
-3.87
-5.99
4.70
-0.78
0.56
Emerging market bonds
0.25
-1.69
2.72
-0.46
11.45
-15.34
-5.36
-2.24
7.76
3.84
Index percentage growth (%)
UK corporate bonds
Past performance is not a guide to future performance. Rebased in sterling where appropriate, i.e. all index returns are recalculated
based on exchange rates to give returns for a sterling investor. Source: Morningstar Direct, 31 March 2023.
LIONTRUST VIEWS – SPRING
15
