LT Views Winter-2025-SINGLE-build08 - Flipbook - Page 15
US stocks
Global high yield
bonds
Emerging market
bonds
US corporate bonds
Japanese stocks
Global government
bonds
9.68%
5.88%
4.85%
3.85%
2.60%
1.06%
S&P 500
Composite Index
ICE Bank of
America ML Global
High Yield Bond
Index
Bloomberg Emerging
Markets Hard
Currency Aggregate
Index
Bloomberg Barclays
US Corporate Bond
Index
TOPIX Index
FTSE G7 Index
UK stocks
Emerging market
stocks
Asian (but not
Japanese) stocks
UK corporate bonds
European (but not
UK) stocks
European corporate
bonds
0.24%
-0.35%
-1.29%
-2.65%
-2.68%
-4.03%
Bloomberg Barclays
European Corporate
Bond Index
FTSE All-Share
Index
MSCI Emerging
Market Index
MSCI
Pacific ex-Japan
Index
Bloomberg Barclays
Sterling Aggregate
Bond Index
FTSE All World
Developed Europe
excluding UK 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 Jan 2024 to
31 Dec 2024
1 Jan 2023 to
31 Dec 2023
1 Jan 2022 to
31 Dec 2022
1 Jan 2021 to
31 Dec 2021
1 Jan 2020 to
31 Dec 2020
27.26
19.17
-7.79
29.89
14.74
European (but not UK) stocks
2.82
15.85
-7.49
17.57
8.85
UK stocks
9.47
7.92
0.34
18.32
-9.82
Japanese stocks
7.46
10.47
-6.69
-0.11
6.95
Asian (but not Japanese) stocks
6.55
0.53
6.00
5.75
3.36
Emerging market stocks
9.98
4.05
-9.62
-1.32
15.02
Global government bonds
-1.66
-1.39
-7.63
-5.56
6.19
Global high yield bonds
9.40
7.01
-2.30
2.30
4.70
US corporate bonds
3.95
2.40
-5.15
-0.13
6.50
European corporate bonds
-0.07
5.66
-8.75
-7.11
8.57
Emerging market bonds
7.69
3.45
-6.10
-1.67
3.80
UK corporate bonds
-2.46
4.96
-23.15
-4.68
8.36
Index percentage growth (%)
US stocks
Past performance does not predict future returns. 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 December 2024.
LIONTRUST VIEWS – WINTER
15
