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Any data or views given in the articles should not be construed as investment advice. Every effort is made to ensure the accuracy of the information but no assurance or warranties are given. Examples are for illustrative purposes only and are not a recommendation to buy or sell. Past performance is not a guide to future performance. We recommend you discuss any investment decisions with a financial adviser.
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Ear to the ground 15/07/22

Ear to the ground

15/07/2022

What goes up, must come down. But not quite yet!



Ear to the ground 08/07/22

Ear to the ground

08/07/2022

Politics have certainly been at the top of the agenda this week,



Monthly update 30/06/2022

Monthly Update

30/06/2022

UK fixed income struggled as an asset class through June,



Ear to the ground 24/06/22

Ear to the ground

24/06/2022

Not a week seems to go by where inflation isn’t in the headlines. This week...



Ear to the ground 17/06/22

Monthly Update

17/06/2022

There are some weeks when news and events...



Ear to the ground 10/06/22

Monthly Update

10/06/2022

This week could potentially best be described as a week of confirmation. The incree...



MU310522

Monthly Update

31/05/2022

May was a difficult month for equity markets to make any headway...



Ear to the ground 26/05/22

Ear to the ground

26/05/2022

Economic data has been on the quieter side this week...



Summary of Positioning

Summary of positioning

24/05/2022

By way of a summary, the Fund...



Ear to the ground 19/05/22

Ear to the ground

19/05/2022

Inflation again took centre stage in the UK this week,



Ear to the ground 13/05/22

Ear to the ground

13/05/2022

This week saw the release of preliminary...



Ear to the ground 06/05/22

Ear to the ground

06/05/2022

Central banks were back in the limelight this week. Sound familiar?



MU300422

Monthly Update

30/04/2022

Major equity markets were predominantly...



Ear to the ground 29/04/22

Ear to the ground

29/04/2022

The market was caught off guard yesterday when US economic growth...



Ear to the ground 22/04/22

Ear to the ground

22/04/2022

This week saw the release of the latest economic



Ear to the ground 14/04/22

Ear to the ground

14/04/2022

Inflation again took centre stage this week with the release of key data for the UK and the US.



Ear to the ground 08/04/22

Ear to the ground

08/04/2022

This week saw the release of the latest minutes from...



Ear to the ground 01/04/22

Ear to the ground

01/04/2022

As inflation continues to surprise to the upside and the cost of living increases,



MU310322

Monthly Update

31/03/2022

Major equity markets were again mixed during the month. Most initially fell...



Ear to the ground 25/03/22

Ear to the ground

25/03/2022

This week saw the release of UK inflation figures,



Ear to the ground 18/03/22

Ear to the ground

18/03/2022

Central banks were at the fore this week,



Ear to the ground 11/03/22

Ear to the ground

11/03/2022

The conflict between the Ukraine and Russia continued to take centre stage this week. With no sign...



MU280222

Monthly Update

28/02/2022

The Fund posted a return of -1.51% for February, outperforming the sector average return of -1.74%.



24/02/2022

Ear to the ground

24/02/2022

Unfortunately the main news this week is the very sad events which are now developing in the Ukraine. I think...



Ear to the ground 18/02/22

Ear to the ground

18/02/2022

In a further sign that certain stocks are priced for perfection we saw another...



Ear to the ground 11/02/22

Ear to the ground

11/02/2022

Inflation again took centre stage on Thursday as the US released their latest figures. Headline...



Ear to the ground 04/02/22

Ear to the ground

04/02/2022

This week we expected the Bank of England meeting on Thursday to sit at the top of the agenda. However,



31/01/2022

Monthly Update

31/01/2022

The Fund posted a return of -3.60% for January, outperforming the sector average return of -4.75%.



Ear to the ground 28/01/2022

Ear to the ground

28/01/2022

All eyes were on the US Federal Reserve this week as they...



Ear to the ground 21/01/2022

Ear to the ground

21/01/2022

This has certainly been a week for headlines. There does not...



Ear to the ground 14/01/2022

Ear to the ground

14/01/2022

Inflation was back to taking centre stage this week with the release of the latest rate in the US. This came...



ETG 07/01/2022

Ear to the ground

07/01/2022

Taking centre stage this week was the release of the minutes...



MU31122021

Monthly Update

23/12/2021

The Fund ended the month 1.21% higher, marginally underperforming the sector average return of 1.35%. Equity markets were generally stronger during the period,



Ear to the ground 23/12/2021

Ear to the ground

23/12/2021

For those who enjoy a biscuit with their cuppa they may be wise to stock up now. McVitie’s became...



Ear to the ground 17/12/2021

Ear to the ground

17/12/2021

Central banks took centre stage this week. First up...



Ear to the ground 10/12/2021

Ear to the ground

10/12/2021

This week saw the release of US inflation, with the annual rate hitting 6.8% in November, the highest reading since June 1982. This marked the...



Ear to the ground 12/12/2021

Ear to the ground

03/12/2021

It seemed rather fitting to start with a definition this week of what transitory actually means. For a prolonged period of time...



MU30112021

Monthly Update

30/11/2021

The Fund ended the month 0.85% lower in November following a difficult period for equity markets.



Ear to the ground 26/11/2021

Ear to the ground

26/11/2021

This week saw the release of US inflation, with the annual rate hitting 6.8% in November,



Ear to the ground 19/11/2021

Ear to the ground

19/11/2021

Inflation was again in the limelight this week, this time in the UK. Tuesday saw the release of average earnings data. Including...



Ear to the ground 2

Ear to the ground

12/11/2021

This week saw the first release of UK GDP for the 3rd quarter. This rose 1.3% on the quarter,



Ear to the ground

Ear to the ground

05/11/2021

This week the central banks again took centre stage. Unfortunately...



30/10/2021

Monthly Update

31/10/2021

Equity markets were mixed during the period. The US equity market was strong,



31/09/2021

Monthly Update

30/09/2021

The Fund rose marginally during the month, returning 0.07%. This represented outperformance of the IA Flexible Investment sector average, which posted a -1.11% return.



31/08/2021

Monthly Update

31/08/2021

Buoyant equity markets helped the fund rise by 1.75% during the month. UK equities were one of the strongest performing, in particular mid and small cap stocks,



18/08/2021

Coupon Clipping

18/08/2021

Within the MI Diversified Strategy Fund you will typically find an allocation to structured notes. We like these investments as they give a part of our portfolio definition,



31/07/2021

Monthly Update

31/07/2021

The Fund fell -0.38% during the month, underperforming the IA Flexible Investment sector average return of 0.15%. The performance of equity markets was...



30/06/2021

Monthly Update

30/06/2021

The Fund returned 1.12% during the month, underperforming the IA Flexible Investment sector average return of 1.96%. Equity markets were generally positive during the month when measured in their local currencies. The US led the way as...



31/05/2021

Monthly Update

31/05/2021

The Fund returned -0.14% during the month, outperforming the IA Flexible Investment sector average return of -0.21%. Equity markets were generally positive during the month when measured in their local currencies. European equities proved...



30/04/2021

Monthly Update

30/04/2021

The Fund returned 2.74% during the month, underperforming the IA Flexible Investment sector average return of 3.33%. Equity markets were generally positive during the month in local currency,



31/03/2021

Monthly Update

31/03/2021

After a strong February, the Fund returned 0.76% during the month, underperforming the IA Flexible Investment sector average return of 1.70%. Equity markets were mixed during the month. There was divergence in the scale of returns with,



When A Little Means A Lot

When A Little Means A Lot

30/03/2021

Sometimes in life it can be the small things that make all the difference and last week proved to be no exception. Having ititially struck on the 21 December 2018, one of our structured notes matured on the 22 March, being its second observation date after 2.25 years. An at the money contract,



Home Sweet Home

Home Sweet Home

17/03/2021

There can be no doubt that 2020 was a difficult period for UK equities. Whilst all markets were troubled by the pandemic and economic lockdown, the UK suffered more than others. The market was penalised...



28/02/2021

Monthly Update

28/02/2021

The Fund returned 1.42% during the month, outperforming the IA Flexible Investment sector average return of 0.61%. Equity markets generally ended the month in positive territory,



31/01/2021

Monthly Update

31/01/2021

The Fund returned -0.24% during the month, only marginally behind the IA Flexible Investment sector average return of -0.11%. January ended with many equity markets in negative territory. In what...



Keeping our Definition

Keeping Our Definition

04/01/2021

During the Christmas and New Year celebrations definition was perhaps the last thing on your mind. With all the additional goodies on offer, such as mince pies and a chocolate or two,



31/12/2020

Monthly Update

31/12/2020

The Fund returned 2.45% during the month, only marginally behind the IA Flexible Investment sector average return of 2.58%. December was a positive month for equities and UK fixed...



Don't Break the Bond

Don't Break the Bond

20/12/2020

In the last week we have continued to see US equity market indicies attain record highs. At the same time however we have seen valuations continue to rise to such an extent that some investors may argue they are now overvalued. The latest data from...



30/11/2020

Monthly Update

30/11/2020

The Fund returned 6.18% during the month, behind the IA Flexible Investment sector average return of 7.32%. Equity market returns were stronger during the month, buoyed by positive news regarding COVID-19 vaccines. High efficacy rates generated...



31/10/2020

Monthly Update

31/10/2020

The Fund returned -1.16% during the month, ahead of the IA Flexible Investment sector average return of -1.25%. After a positive start to the month, equity performance waned as we approached month end. Markets in Europe and...



30/09/2020

Monthly Update

30/09/2020

The Fund returned -0.82% during the month, behind the IA Flexible Investment sector average return of -0.37%. Equity markets were generally weaker during the month on a local currency basis, with the exception of Japan. There was also...



31/08/2020

Monthly Update

31/08/2020

The Fund returned 2.26% during the month, marginally underperforming the IA Flexible Investment sector average return of 2.54%. Equity performance showed divergence in August,



31/07/2020

Monthly Update

31/07/2020

The Fund outperformed the IA Flexible Investment sector average during the month, returning 1.34% against 0.14% respectively. Equity market performance was mixed during the period. In local currency...



30/06/2020

Monthly Update

30/06/2020

The Fund lagged the IA Flexible Investment sector average during the month, returning 0.79%against 2.00% respectively. Equity markets were generally higher during the month,



31/05/2020

Monthly Update

31/05/2020

The Fund posted a return in line with the IA Flexible Investment sector average during the month, returning 3.78% and 3.84% respectively. After their strong rebound in April...



Income Uncertainty

Income Uncertainty

04/05/2020

COVID-19 and the lockdowns around the world, which subsequently ensued have had a marked and meaningful impact on the global economy. Whilst some countries have to date,



30/04/2020

Monthly Update

30/04/2020

The Fund posted a return of 7.19% in April, in line with the IA Flexible Investment sector average return of 7.25%. Equity markets around the world were in positive territory for the month,



31/03/2020

Monthly Update

31/03/2020

The Fund fell 12.29% during the month, underperforming the IA Flexible Investment sector, which fell 10.95%. This was a month which was dominated by the spread of the Coronavirus,



Stimulating Stuff

Stimulating Stuff

27/03/2020

Yesterday saw the chancellor announce yet another package to provide support to the UK economy as we all continue to deal with the impact COVID-19 is having on our lives, some unfortunately more than others. The latest support came for those...



31/02/2020

Monthly Update

31/02/2020

The Fund fell 3.81% during the month, outperforming the IA Flexible Investment sector average which fell 4.67%. Equity markets initially proved resilient to the news regarding COVID-19,



Know What You Own

Know What You Own and Why You Own It

27/02/2020

For a prolonged period of time now funds within the IA Targeted Absolute Return sector have come in for some abuse, normally related to their performance, or lack of it. In some respects...



A Defined Success

A Defined Success

21/02/2020

Within the MI Diversified Strategy Fund you will typically find an allocation to structured notes, an asset class which we, the investment manager,



Coronavirus Update

Coronavirus Update

31/01/2020

The advent of the coronavirus was the catalyst for an increase in volatility within stock markets in January. At the time of writing...



31/01/2020

Monthly Update

31/01/2020

The Fund fell 0.71% during the month, marginally underperforming the IA Flexible Investment sector average which fell 0.49%. Equity markets were positive during...




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