Global equities rallied in July on policy clarity, strong tech earnings, and AI-driven momentum. Here's how our portfolios performed and what investors should watch going forward.
Key Takeaways:
Income+ portfolios continued to deliver attractive payout yields. The annualised distribution yield rose to 5.6% for Income+ Preserve (from 5.4% in Q1) and 5.9% for Income+ Enhance (from 5.5% in Q1).
REIT+ outperformed benchmarks and fared better than many global equity indices with YTD gains of +4.3%.
Cash+ Flexi portfolios...