Markets have come through a turbulent year, marked by an earthquake and tsunami in Japan, uprisings in the Arab world and European debt concerns. Despite all these events, there were some bright spots that mitigated the difficult equity market performances. Here’s a review of the major asset class results for 2011.
Fixed Income: Canadian DEX Short Term Bond Index = 4.7%, Canadian DEX Bond Universe = +9.7
Other Income: S&P/TSX Canadian REITs Index = +23.5%, Barclays Capital High Yield Bond Index = +7.6% in CAD
Canadian Equity: S&P/TSX Capped Composite = -8.7%
US Equity: S&P500 Index = +4.5% in CAD
International Equity: MSCI EAFE Index = -9.66% in CAD, MSCI Emerging Market Index = -16.25% in CAD
PWL Market Stats, as at December 31, 2011
As always, don’t hesitate to contact us if you’d like to discuss.
Best regards and Happy New Year!
Tony & Peter