Investment Commentary - April 2020

The hit to economic activity from the ongoing response to the covid-19 outbreak has become more apparent in economic reports over the past month. It has resulted in a raft of data showing unprecedented rates of decline across a broad range of measures of economic activity including consumer spending, factory production and housing starts.

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The value of your investment can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Prevailing tax rates and relief are dependent on individual circumstances and are subject to change.