Navigating August 2024 Market Volatility: Insights on Our Managed ETF Portfolios
Despite recent market turbulence triggered by the Bank of Japan’s actions, our portfolios remain robust, well-diversified, and have experienced excellent growth over 2024. Our exposure to over 1000 stocks and various bonds through passive index ETFs ensures a balanced and resilient investment strategy.
The recent volatility was caused by the Bank of Japan unexpectedly raising interest rates, which disrupted the yen-funded carry trades and caused a sharp appreciation of the yen. This sudden shift impacted global markets, particularly the tech sector, which experienced significant fluctuations.
While the tech sector experienced this volatility, our careful rebalancing and diversification across multiple sectors and asset classes have minimized the impact. The strong performance of our portfolios underscores the effectiveness of our approach. We believe it is in your best interest to remain invested, as our long-term strategy is designed to navigate such fluctuations and capitalize on future growth opportunities.
Rest assured, we are diligently managing your investments with a focus on stability and continued growth