It is normal to be seduced by headline performance figures in an attempt to judge fund quality. Typically, the industry focuses on cumulative three and five year performance figures when screening funds for selection. However, we believe there is a different way to assess processes and outcomes, the persistency of returns.
The underlying economic environment influences us all on a daily basis, whether we like it or not. Our personal finances are affected by interest rates, job prospects by economic growth and how much we can spend by inflation. The ‘real economy’ therefore has an undeniable impact on the stocks in which we invest. Understanding that impact, and positioning the CF Canlife Global Equity Fund to benefit from changes in the macro outlook, is crucial.