Portfolio Performance
| NAV | Since Launch | Year to Date | 2012 | |
| Beacon Cautious | 11.23 | +12.3% | +1.9% | +5.5% |
| Beacon Growth | 11.58 | +15.8% | +3.2% | +6.9% |
The portfolios returned 0.9% and 1.4% over the period, maintaining their strong outperformance versus benchmark, which stands at 1.3% and 1.7% respectively since launch in August.
With no clear winner in the Italian Elections, European equity markets experienced increased volatility during the period as political deadlock emerged. While Bersani won the upper house, Berlusconi won the majority in the lower house due to differences in seat distribution, causing concerns over potential gridlock.
In the US, the Federal Reserve reaffirmed its commitment to "aggressive easing measures" which buoyed markets after earlier concerns, but March 1st saw the sequester cuts implemented without compromise. Kuroda was nominated as the Bank of Japan Governor, continuing Japan’s path to further monetary easing, while the UK lost their AAA rating, leaving only Germany and Canada as AAA/Aaa rated in the G8.
As at NAV Date 7th March 2013.
The Beacon Trust Cautious and Growth Portfolios were launched on the 23rd November 2009.
