November Asset Class Performance

November was another tough month for the majority of assets classes.  Gold (+1.7%) and Inflation-Indexed US Treasuries (+0.5%) managed to finish the month in positive territory but all other asset classes fell in November.  The worst performing asset class was Foreign Corporate Bonds, losing 5.5% last month.

On a one year basis Gold is head and shoulders above all other asset classes.  Over the last twelve months Gold has risen by 25.6%.  Emerging markets have been the biggest loser, dropping by 8.8% over the past year.

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