DIY Investor Magazine
/
2015 Issue
7
BEING PATIENT THIS SUMMER
The summer months are frequently sluggish in the
markets. To illustrate the point: over the past 50 years,
the average return on the UK market between May
Day and Hallowe’en has been -0.7% whereas between
Hallowe’en and May Day the figure is +7%.
There is often little dealing activity during the summer
which also sometimes creates unusual volatility.
This volatility can play into the hands of patient
investors, and we try to take a longer time horizon and
invest when others are fearful.
IMPORTANT INFORMATION:
This document is for informational purposes only and is not investment advice. Market and exchange rate movements can cause the value of an
investment to fall as well as rise, and you may get back less than originally invested. The views expressed are those of the Fund Manager at the time
of preparation and may be subject to change and this is particularly likely during periods of rapidly changing market circumstances. Their views are
not necessarily those of Jupiter and should not be interpreted as investment advice. Every effort is made to ensure the accuracy of any information
provided but no assurances or warranties are given. We recommend you discuss any investment decisions with a financial adviser, particularly if
you are unsure whether an investment is suitable. Jupiter is unable to provide investment advice.
Jupiter Asset Management Limited (JAM) is authorised and regulated by the Financial Conduct Authority and its registered address is 1 Grosvenor
Place, London SW1X 7JJ.
No part of this commentary may be reproduced in any manner without the prior permission of JAM.
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