Your portfolio
We strive
to explore
further.
28 / 29
but what you really want to see are
things going up in baby steps, with low
volatility,” he says. “That is a better
sign than things galloping away.”
According to Goldman Sachs, there
are three types of bear market, each
with its own defining characteristics:
structural bear markets, cyclical bear
markets and those that are event-
driven, which tend to be shorter and
sharper, both on the way in and out.
While forms of bear market will vary,
certain leading indicators will always
play a role. ClearBridge Investments,
an affiliate of Legg Mason, produces a
monthly Recession Risk Dashboard,
tracking data points categorised as
Aberdeen Standard Investment Trusts
ISA and Share Plan
We believe there’s no substitute for getting to know your
investments first hand. That’s why we look to analyse
and speak to companies intensively before we invest in
their shares and while we hold them.
Focusing on first-hand company research requires a
lot of time and resources. But it’s just one of the ways
we aim to seek out the best investment opportunities
on your behalf.
Please remember, the value of shares and the
income from them can go down as well as up and
you may get back less than the amount invested.
No recommendation is made, positive or otherwise,
regarding the ISA and Share Plan.
“You can look at share prices
over six or nine months and
think things are picking up,
but what you really want to
see are things going up in
baby steps”
financial (yield curve, credit spreads
and money supply), inflation (wage
growth and commodity prices),
consumer (housing permits, jobless
claims, retail sales and job sentiment),
or business activity-related (Institute
for Supply Management new orders,
PERFORMANCE OF INDICES (IN $) IN 2020
The value of tax benefits depends on individual
circumstances and the favourable tax treatment
for ISAs may not be maintained. We recommend
you seek financial advice prior to making an
investment decision.
S&P GSCI Copper Bloomberg Barclays Global Nasdaq Philadelphia Stock
Spot (-20.69%) High Yield (-16.06%) Exchange Semiconductor (-20.28%)
10%
Request a brochure: 0808 500 4000
invtrusts.co.uk
5%
0%
-5%
-10%
-15%
-20%
-25%
-30%
Please quote
2306
Issued by Aberdeen Asset Managers Limited, 10 Queen’s Terrace, Aberdeen AB10 1XL, which is authorised and
regulated by the Financial Conduct Authority in the UK. Telephone calls may be recorded. aberdeenstandard.com
-35%
Source: FE Analytics
trustnet.com