by Karl C. Mergenthaler, CFA, William Pometto and Eva Wei
J.P. Morgan Investment Analytics & Consulting
karl.c.mergenthaler@jpmorgan.com, william.x.pometto@jpmorgan.com, eva.y.wei@jpmorgan.com
AS OF OCTOBER 2010
| Index |
Monthly Return |
Trailing 3 Months |
Year to Date |
Fiscal Year to Date |
1 Year |
2 Year |
3 Year |
5 Year |
10 Year |
| BARCLAYS CAPITAL US AGGREGATE BOND INDEX |
0.36 |
1.76 |
8.33 |
8.33 |
8.01 |
10.86 |
7.23 |
6.44 |
6.38 |
| M.L. HIGH YIELD INDEX |
2.39 |
5.65 |
14.58 |
14.58 |
19.20 |
33.06 |
9.15 |
8.86 |
8.51 |
| MSCI EMERGING MARKETS FREE GROSS |
2.91 |
12.18 |
14.26 |
14.26 |
23.89 |
42.82 |
(3.70) |
15.28 |
14.96 |
| MSCI-Eafe (Net) |
3.61 |
10.23 |
4.72 |
4.72 |
8.36 |
17.64 |
(9.60) |
3.31 |
3.17 |
| RUSS-Russell 1000 Growth (Gross) |
4.78 |
10.52 |
9.35 |
9.35 |
19.65 |
18.57 |
(3.94) |
3.21 |
(2.52) |
| RUSS-Russell 2000 Value (Gross) |
3.87 |
6.38 |
12.10 |
12.10 |
24.43 |
12.64 |
(4.13) |
2.02 |
8.17 |
| RUSS-Russell 3000 (Gross) |
3.91 |
8.37 |
8.88 |
8.88 |
18.34 |
14.53 |
(5.96) |
2.08 |
0.62 |
| S&P 500 - CAP. WEIGHTED |
3.80 |
7.96 |
7.84 |
7.84 |
16.52 |
13.11 |
(6.49) |
1.74 |
(1.52) |
U.S. EQUITY
- U.S. equities saw an increase of 3.8% in the S&P 500
index for the month of October, driven by a high
percentage of companies exceeding earnings
expectations and strong retail sales increases.
- Growth stocks were the best performer this month, with
the Russell 1000 Growth Index posting a 4.8% gain.
|
FIXED INCOME
- The Barclays Aggregate Index gained 0.4% in October and is
up 8.3% YTD. Interest rates remain at low levels amid
continued concerns about deflation.
- High Yield increased by 2.9% and remains the top performer
with respect to YTD return, up 14.6% since the beginning of
the year.
|
INTERNATIONAL EQUITY
- The MSCI EAFE Index was up 3.6% in October. Europe
continues to deal with sovereign debt issues from Ireland,
Portugal, and Greece.
- Emerging Markets posted positive returns this month as the
MSCI Emerging Markets Index increased 2.9%, boosting the
YTD return to 14.3%.
|
REAL ESTATE AND OTHER
- The MSCI U.S. REIT index was up 4.8% in October, with a
YTD return of 25.3%.
- U.S. GDP increased by 2% in the third quarter, still below
the trend rate of 2.5% to 3%. The unemployment rate, at
9.6%, has been essentially unchanged since May.
|
To view the next article, Global Equities (Excluding U.S.), please click here. |
print