As we draw closer to the festive period and the frost’s starting to roll in, we’d like to take this opportunity to warm you up a little with some of the latest news from IronMarket HQ.
Christmas Opening Times
IronMarket will be closed from 21/12/2018 and open again on 03/01/19.
Student Financial Wellbeing
We were very excited to work alongside Keele University for Talk Money week. Lydia and Victoria from our operations team were on hand to answer students questions and aimed to get Keele students talking about their money, whether managing their debt or tips on how to spend less and save more.
Talk money is the annual celebration of the work thousands of organisations are doing to improve money management across the UK and aims to reduce the stigma and barriers that hold people back from talking about money.
Letter Sent in Error
You may have received a letter from True Potential, if so then please ignore it as this was sent out by them in error.
Investment Committee Summary
Q3 has followed a similar story to the rest of 2018, with high levels of market volatility and generally negative returns. However, all IronMarket portfolios behaved within their prescribed risk parameters and none have experienced as big a pullback as the FTSE 100 (-5.72%) over the quarter. In short, we outperformed the market in a broad sense due to the right risk-managed exposure.
In terms of changes for Q4,we have sought to increase funds that have a more active strategy to achieve returns regardless of market conditions, and increase exposure in more defensive and cautious assets.We believe, based on significant research and analysis, that our changes retain the integrity of each portfolio’s risk and performance parameters, whilst also taking into account the current and perceived investment landscape moving forward.
Your Q3 reports will be available via our app later this month but please feel free to view the full Investment Committee Report for November 2018 below.