Portfolio Performance
| NAV | Year to Date | Since Launch | 2012 | |
| Beacon Cautious | 11.54 | +4.7% | +15.4% | +5.5% |
| Beacon Growth | 12.07 | +7.6% | +20.7% | +6.9% |
The portfolios returned 1.1% and 1.9% over the period, ahead by 0.9 and 0.8% respectively over the NAV period; leaving year to date performance of +2.2% and +1.8% against their relative benchmarks.
Core-bond yields rose over the period, the US 10-year yield rose from 1.78% to 1.93% and Japan 10-year from 0.59 to 0.87%. As a result, notable positive contribution was created by our Fixed-Income holdings, helping drive the period’s outperformance.
The Eurozone posted its sixth quarter of recession, with only Germany avoiding negative growth over the 1st quarter. US data remains mixed, but resilient, as markets to continue to reach new all-time highs on the S&P 500. Japan continues to feel the benefit of Abe-nomics, with markets reaching new 5 ½ year highs.
As at NAV Date 21st May 2013.
The Beacon Trust Cautious and Growth Portfolios were launched on the 23rd November 2009.
