IMP Monthly Report | April 2021
April delivered its best monthly performance in six months to see the S&P/ASX 200 rise by 3.5%, closing less than 2% below its pre-pandemic all-time highs. It now means markets have been positive in 12 of the past 13 months.
April also lived up to expectations as one of the best months of the year for global equities as the US Federal Reserve stood pat on interest rates while maintaining their $120bn per month QE buying programme. Federal Reserve Chair, Jay Powell, repeated guidance used since December, that they need to see ‘substantial further progress’ towards its inflation and employment goals, and it’s not time yet to discuss pulling back support. So the Fed’s continued dovish rhetoric came despite strengthening economic data (housing, employment and manufacturing) and better progress on vaccination rollouts, while inflationary pressures build across commodities, transport and packaging sectors… Continue through to the full report here.
The links below will take you to the April 2021 Holdings & Yield Forecast charts for each of our portfolios:
IMP 100I | a model portfolio designed to more for income than growth with the majority of the funds invested in the top 100 ASX listed companies
IMP 100T | a model portfolio designed to more for growth than income with the majority of the funds invested in the top 100 ASX listed companies
IMP 200 | a model portfolio designed with the majority of the funds invested in the top 200 ASX listed companies
IMP 300 | a model portfolio designed with the majority of the funds invested in the top 300 ASX listed companies
YMP | a model portfolio designed for income with the majority of the funds invested in the top 100 ASX listed companies
For more information about our Individually Managed Portfolios, contact us to speak to one of our specialists.