Mixed and total return sector review – mixed economic data and peak rates

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We look at what’s been happening in the world, the impacts of this on shares and bonds and how mixed investment and total return sector funds have performed.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Published on 28 November 2023

It was correct at the time of publishing. Our views and any references to tax, investment and pension rules may have changed since then.

Over the three months to end of October, we’ve seen both the Federal Reserve (Fed) and the Bank of England (BoE) hold interest rates rather than increase them – this is a change from the previous 11 and 14 meetings respectively where they raised them. At the start of November, they held rates for a second time.

We’ve also seen economic data in the UK and US be mixed over the period.

The UK has seen revisions upwards to previous estimates of growth since the pandemic, however more recent activity looks to be flat at best.

In the US, there was strong growth data in September which has been followed by weak employment data in October.

This article isn’t personal advice. If you’re not sure whether an investment is right for you, ask for financial advice. Investments and any income they produce can fall as