Global Equities March quarter highlights

  • Global stocks recovered strongly in the first quarter of 2019 (up 12%), in a sustained rally that began following Christmas Day, led by technology stocks, which were up 19% for the three months.
  • Full year 2018 company revenues rose 7% and profits were up 15%, compared to 2017 – strong numbers that support the stock market at close to all-time highs.
  • Markets have continued to rally post quarter-end, despite increasing concerns for the state of the economy, highlighted by yield curve inversion, central bank repositioning and political quagmire.

For full details of the above key events and the performance of each fund for the three months within the quarter, please download the monthly reports which are available below.

Monthly reports

January 2019 Results Report Download
February 2019 Results Report Download
March 2019 Results Report Download

This information has been prepared by Walsh & Company Asset Management Pty Limited (ACN 159 902 708, AFSL 450 257) as investment manager for the Australian Governance & Ethical Index Fund (ARSN 625 826 646), together with Evans and Partners Investment Management Pty Limited (ACN 619 080 045, CAR No. 1255264), as investment manager for the Evans & Partners Asia Fund (ARSN 624 216 404), Evans & Partners Australian Flagship Fund (ARSN 625 303 068), Evans & Partners Global Flagship Fund (ARSN 158 717 072) and Evans & Partners Global Disruption Fund (ARSN 619 350 042). Information on the Evans & Partners International Fund (ARSN 166 708 792) has been provided by Evans and Partners Pty Limited (ACN 125 338 785, AFSL 318 075) in its capacity as investment manager. Together, the above Funds are known as the Global Equities Funds.

Past performance of the funds is not a reliable indicator of the future performance of the funds.