10X for Intermediaries’ Post

📈 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗨𝗽𝗱𝗮𝘁𝗲 𝗢𝗰𝘁𝗼𝗯𝗲𝗿: This month brought renewed volatility across global markets, with equities pulling back after a strong nine-month rally. Resilience in the U.S. economy contributed to a significant rise in bond yields, adding pressure on equity valuations.   In South Africa, the JSE mirrored global declines, while the rand softened against a stronger dollar as investors adopted a cautious stance ahead of the U.S. elections. Local bond yields rose in tandem with global yields, creating additional headwinds for South African markets.   𝗧𝗼𝗽 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗳𝘂𝗻𝗱 𝗿𝗮𝗻𝗴𝗲 𝗶𝗻 𝗢𝗰𝘁𝗼𝗯𝗲𝗿: ▪️ 10X S&P 500 ETF 2,6% ▪️ 10X Total World Stock Tracker feeder Fund (UT& ETF) 0,4% 𝗧𝗼𝗽 𝘆𝗶𝗲𝗹𝗱𝘀 𝗶𝗻 𝗼𝘂𝗿 𝗿𝗮𝗻𝗴𝗲 𝗶𝗻 𝗢𝗰𝘁𝗼𝗯𝗲𝗿: ▪️ 10X Yield Selected Bond Index Fund 11% ▪️ 10X Govi Bond 10,2% ▪️ 10X SA ILB Index Fund 9,5% 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗱𝗮𝘁𝗮 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗳𝘂𝗻𝗱 𝗿𝗮𝗻𝗴𝗲 𝗰𝗹𝗶𝗰𝗸 𝗵𝗲𝗿𝗲: https://lnkd.in/dA9ZKzyC 10X Investments

📊 𝐌𝐚𝐲 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐔𝐩𝐝𝐚𝐭𝐞: Global equities rebounded strongly in May, retracing the prior month's losses. This rally occurred despite the Federal Reserve indicating that rates may need to remain elevated for some time. Locally, South African assets (Equities, Bonds and the Rand) were flat over the month despite significant volatility around elections. Markets rallied at the start of the month as consensus grew around a benign outcome, with the ANC expected to gain support in the mid to high 40% range.   However, as election results came in, it became clear that the ANC had lost significantly more support than expected, and the market sold off due to increased uncertainty, giving up the gains from the start of the month.    𝐓𝐨𝐩 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐮𝐧𝐝 𝐫𝐚𝐧𝐠𝐞 𝐢𝐧 𝐌𝐚𝐲: 10X Total World ETF/UT 4,7% 10X S&P Global Property ETF 3,2% 𝐓𝐨𝐩 𝐲𝐢𝐞𝐥𝐝𝐬 𝐢𝐧 𝐨𝐮𝐫 𝐫𝐚𝐧𝐠𝐞 𝐢𝐧 𝐌𝐚𝐲: 10X Yield Selected Bond Index Fund 12,6% 10X Govi Bond 11,6%

📈 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐔𝐩𝐝𝐚𝐭𝐞 𝐉𝐮𝐥𝐲 Global markets proved volatile, with the focus on weaker-than-expected US inflation data and expectations that the Fed would begin cutting rates in September. Bonds outperformed while developed market equities posted moderate gains.    𝐓𝐨𝐩 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐮𝐧𝐝 𝐫𝐚𝐧𝐠𝐞 𝐢𝐧 𝐉𝐮𝐥𝐲: ✔ 10X Yield Selected Bond Index Fund 4,9% ✔ 10X S&P Global Property ETF 4,8% ✔ 10X SA Property Income ETF 4,7%   𝐓𝐨𝐩 𝐲𝐢𝐞𝐥𝐝𝐬 𝐢𝐧 𝐨𝐮𝐫 𝐫𝐚𝐧𝐠𝐞 𝐢𝐧 𝐉𝐮𝐥𝐲: ✔ 10X Yield Selected Bond Index Fund 11,3% ✔ 10X Govi Bond 10,3% ✔ 10X Income AMETF 9,9% 𝐓𝐨 𝐬𝐞𝐞 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐟𝐮𝐧𝐝 𝐫𝐚𝐧𝐠𝐞 𝐜𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞: https://lnkd.in/dYWqK5yh 10X Investments

📈 PERFORMANCE UPDATE: Equity markets in March were strong, concluding the month positively despite more persistent inflation. This sticky inflation pushed expectations for the first interest rate cut later into the year. Emerging markets were buoyant, led by improving sentiment on China.    Top performers in the fund range in March: ▪ 10X All Asia AMETF 8.2% ▪ 10X Top 50 ETF and Unit Trust 3.4%,  ▪ 10X S&P 500 ETF 2.1% It is worth noting that on a one-year view, the 10X S&P 500 ETF has returned 38.5% to investors.   Top yields in our range in March: ▪ 10X Yield Selected Bonds ETF and Unit Trust 12.7% ▪ 10X GOVI Bond ETF 11.5% ▪ 10X Income AMETF and Unit Trust 9.9%.  Please click below to see the latest performance data for the full fund range. 10X Investments

📈 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝘂𝗽𝗱𝗮𝘁𝗲:August proved to be a whirlwind for investors and kicked off with a jolt as disappointing US economic data, coupled with an unexpected interest rate hike by the Bank of Japan, triggered a swift and severe sell-off in global equity markets. Yet, by the end of August, the landscape had shifted dramatically. Investor sentiment rebounded as the market began to anticipate more assertive policy easing from the Federal Reserve (Fed). 𝗧𝗼𝗽 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗳𝘂𝗻𝗱 𝗿𝗮𝗻𝗴𝗲 𝗶𝗻 𝗔𝘂𝗴𝘂𝘀𝘁: ▪ 10X SA Property Income ETF 6,5% ▪ 10X S&P Global Property ETF 3,8% ▪ 10X Yield Selected Bond Index Fund 3%   𝗧𝗼𝗽 𝘆𝗶𝗲𝗹𝗱𝘀 𝗶𝗻 𝗼𝘂𝗿 𝗿𝗮𝗻𝗴𝗲 𝗶𝗻 𝗔𝘂𝗴𝘂𝘀𝘁: ▪ 10X Yield Selected Bond Index Fund 11,1% ▪ 10X Govi Bond 10,1% ▪ 10X Income Fund 9,6%

📈 PERFORMANCE UPDATE: In June, global stocks reached new highs, largely driven by gains in the US market, particularly AI-related mega-caps. Concurrently, global bonds saw modest increases by month-end. The European Central Bank initiated its easing measures, while expectations grew for the Federal Reserve to pursue similar actions later in the year. Locally, South African assets, lead by bonds, rallied on the back of the formation of the Government of National Unity as some of the tail risks around the SA election where removed. Top performers in the fund range in June: ▪️10X Yield Selected Bond Index Fund 6,7% ▪️10X Govi Bond 5,2% ▪️10X SA Property Income ETF 4,2% Top yields in our range in June: ▪️10X Yield Selected Bond Index Fund 11,8% ▪️10X Govi Bond 10,9% ▪️10X Income AMETF 9,9% Full range of funds and performance data 🔗 https://lnkd.in/dGGf-pCf 10X Investments

NEWS: Cboe Global Markets to Launch New U.S. Treasury Market Volatility Index (VIXTLT) 🔹Developed by Cboe Labs, the company's product innovation hub, and benchmark administered by Cboe Global Indices, VIXTLT Index leverages Cboe's proprietary VIX® Index methodology, applied to highly liquid, listed options on the iShares® 20+ Year Treasury Bond ETF (TLT). 🔹The VIXTLT Index will be available in both percentage price volatility and basis point volatility terms and complements existing Credit VIX Indices as Cboe expands its fixed income volatility index suite. 🔹VIXTLT is expected to launch in the third quarter of 2024. Learn more in the press release ⬇️

🌍 📈 The Week in ETF Flows - the latest flows from around the world. This week, global ETF flows present an interesting mix across regions and asset classes. Equities continued to attract capital, seeing inflows of $554.6BN year-to-date around the globe. Fixed income follows with a solid $267.7BN of inflows, while commodities struggles with net outflows of $6.5BN year-to-date. This week equity funds saw outflows in the US (-$3.7BN), while Canada recorded strong inflows of $116.5M. Meanwhile, fixed income investments continued to attract capital, particularly in the US ($11.1BN) and Europe ($1.4BN). Cryptocurrencies remain volatile with $57.6BN of inflows year-to-date, and $598.8M outflows week-to-date. It's a dynamic environment, showing divergent trends across asset classes and geographies. Follow along for more insights each week! 👈 #ETF #Investing #GlobalMarkets Thank you Trackinsight for the data 📊

Great interview of Andrew Jackson, Head of Fixed Income at Vontobel Asset Management, joining BI Chief Emerging Market Fixed Income Strategist, Damian Sassower, to discuss portfolio positioning and market expectations following the Fed's larger-than-expected interest rate cut. Despite the rise in volatility, investor sentiment toward emerging market debt remains positive, yet tail risk remains elevated as we push into 4Q. https://lnkd.in/erqAS52u

Fund Update - Sept 2024: We are very pleased to present our latest fund returns & market update ending September 2024. Feel free to contact us if you have any questions regarding our investment solutions and rates. In September 2024, global stock markets experienced mixed outcomes, with significant influences from central bank policies, inflation trends, and political changes. In summary, September ended with very positive returns for our portfolios and most fund managers we are invested with, as the month was marked by global stock market gains, led by China’s stimulus-fuelled rally. While North America and Europe benefited from rate cuts, African markets were buoyed by commodity demand, and Australia faced headwinds from falling resource prices. The Middle East grappled with geopolitical tensions and oil price volatility. The one year returns look attractive across the board for the fund range – The best performing portfolio locally was our Privado TFSA Equity Fund with 20.14%, and globally our Privado Global Equity Fund with 27.83% in USD. As interest rates continue to come down at the banks, the Privado Income Fund has proved to be a very good alternative to cash, achieving 13.28% which has mainly been boosted by capital gains in the bond space. Globally our Privado Global Income has also provided very impressive rates at 6.41%.