– The Financial Times reveals that last month, U.S. corporate ‘Executives bought the dip at rate not seen since start of pandemic’. While the Q1 earnings’ season was solid across sectors despite the geopolitical and economic uncertainties, positive earnings revisions were limited. Inflation remains the key concern for investors with deteriorating macro-economic indicators getting more attention. On the bond side, the first five months of the year have been negative. Year-to-date return for the Bloomberg US Treasury Index is -8.7%, worst ever since the index’s inception in 1973. With significant volatility, may recorded another challenging month across the fund range.

– Investment teams are available, more than ever, for updates & calls to ensure investors get full transparency on the funds. We are also hosting several group calls (via Zoom) and a virtual roadshow in the next couple of weeks.