IMFG Market Update - Q2 June 2023

Update on investment markets for the quarter ending 30 June 2023 from Angus Dockrill & Steve Garth. Bond markets reflect ongoing worries about the terminal rate of interest rates. Sharemarkets are more optimistic. Who is right? And do you need to be 'right' to have a successful investment experience? On balance, the financial year has delivered strong investment returns for the long term focused investor.

General Advice Warning

Any advice or information in this publication is of a general nature only and has not taken into account your personal objectives, financial situation and needs. Because of that, before acting on the advice, you should consider its appropriateness to you, having regard to your personal objectives, financial situation and needs. Before making a decision to acquire a financial product, you should obtain and read the Product Disclosure Statement (PDS) relating to that product, it is important for you to consider these matters and to seek appropriate advice. Past performance is not a reliable guide to future returns. The information in this document reflects our understanding of existing legislation, proposed legislation, rulings etc as at the date of issue. In some cases, the information has been provided to us by third parties. While it is believed the information is accurate and reliable, this is not guaranteed in any way. Opinions constitute our judgement at the time of issue and are subject to change. Neither we nor our employees give any warranty of accuracy, nor accept any responsibility for errors or omissions in this document. Identity McIntyre Pty Limited and Specialist Advice Pty Limited are Authorised Representative(s) of IMFG Pty Limited Limited ABN 18646084666, AFSL number 527657, an Australian Financial Services Licensee, Registered office at Level 8, 171 Clarence Street, Sydney NSW 2000.