By Liz Maroney, Westlawn Wealth Adviser (CFP) 17 June 2015
Here’s the June 2015 Economic Update from MLC Portfolio Specialist, John Owen.
This month, John reviews events in markets during May including how world share market performances were mixed in May, the performance of the Australian dollar, which performed poorly against most major currencies, and how accommodative monetary policies and historically low interest rates have helped under-pin share prices.
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Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market. Please note that all performance reported is before management fees and taxes, unless otherwise stated.