After a historic and at times volatile backdrop for markets over the summer, global equities were generally flat in September. More pro-cyclical segments of the market, such as emerging markets and UK small cap, did better, although European banks in particular struggled.
Where was the main policy action (or inaction)?
While September’s headlines continued to be dominated by speculation surrounding what negotiations between the UK and the European Union will eventually result in, the main policy action or inaction in the month was in Japan and the US.
The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested. This is not a personal recommendation or advice to invest. Past performance is not a guide to future performance.
Funds may carry different levels of risk depending on the industry sector(s) in which they invest. You should ensure that you understand the nature of any fund before you invest in it.