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BMO Segregated Funds Monthly Update - September 13, 2021
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Please find in this September edition of the BMO Segregated Funds Monthly update:

 

 

 

Please find the latest version of This Week in the Markets.

 

  • The S&P 500 Index lost 1.7%. Every sector was negative in a shortened trading week as growth and inflation concerns hurt sentiment. Real Estate was the worst sector as investors took profits, although it remains the top performing sector YTD, while Technology was the largest detractor from weekly performance due to its size. 
  • The S&P/TSX Index fell 0.9%. Canadian equities were also caught in a broad sell-off, although the Energy sector notably managed to stay positive. The all-important Financials sector suffered marginal losses, helping the TSX outperform its U.S. counterpart despite losses in the Materials and Industrials sectors.
  • Europe’s STOXX 600 lost 1.2%, Japan’s Nikkei 225 Index soared 4.3%, while China’s CSI 300 Index rallied 3.5%.