Portfolio Performance
| NAV | Year to Date | Since Launch | 2012 | |
| Beacon Cautious | 11.16 | +1.3% | +11.6% | +5.5% |
| Beacon Growth | 11.55 | +2.9% | +15.5% | +6.9% |
The portfolios returned -0.6% and -0.9% over the period, +0.3% and +0.1% against their relative benchmarks. Year to date outperformance against their benchmarks stands at 1.0% and 0.9%.
Eurozone showed positive growth in 2nd Quarter, technically signalling the end of the recession, as data continues to improve in the region. US labour data at best levels since 2007 signalling to the market that the Fed will begin tapering programme in September. The minutes from the latest Federal Reserve meeting did nothing to ease market concerns over the reduction of liquidity, with US and German Yields continuing to rise, while equity markets came off their recent highs.
As at NAV Date 21st Aug 2013.
The Beacon Trust Cautious and Growth Portfolios were launched on the 23rd November 2009.
