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Strong rebound in July as both MSCI AC World index and global bonds gain

The best performing funds over the month were the JPMorgan Funds - Latin America Equity fund which surged 6.4% and the Fidelity Emerging Europe, Middle East and Africa Fund which gained 4.5% as oil prices rocketed in July.

FINANCIAL markets rebounded strongly in July, with the MSCI AC World index gaining 1.9 per cent while global bonds saw returns of 2.1 per cent. The portfolio rose 1.6 per cent over the month, keeping pace with its simple benchmark of 70/30 global equities and global bonds.

Its performance...

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