Vital signs strong; recovery underway Print

Since March 2009, the Australian economy and sharemarket have staged an impressive rebound. The sharemarket has rebounded 56%* and economic vital signs are strong, indicating the potential for a continued recovery.

Positive signs for a recovery:

  • The Australian banking system has dramatically outperformed its global peers.
  • Bad debts, while remaining high, show signs of having peaked in the most recent six-monthly results.
  • The Australian dollar has appreciated 44%* against the US dollar this year.
  • Asian-based economies seem to be shaking off the impact of the global financial crisis early.
  • The Reserve Bank’s recent move to lift interest rates is another vote of confidence in the outlook for consumers and businesses and has added to the attraction of Australian assets for overseas investors.

While the Australian sharemarket has rebounded, it still remains 30% below the high established in late 2007.

If you are interested in investing in shares, consider investing in a managed fund as a way of diversifying your investments including your self managed super fund, and contributing to your future wealth.

Guild Capital Asset Management (GCAM) has made it easier to invest in their Australian Shares Fund by reducing the minimum investment amount from $25,000 to $10,000. The fund’s focus is on preserving the value of your portfolio by investing in high quality companies priced at a discount to their assessed intrinsic values.

To discuss how you can invest in shares through a managed fund This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Or read more about GCAM’s Australian Shares Fund

*Between 9/3/2009 and 26/11/2009 ASX All Ordinaries Index rose 56% from 20,926 to 32,581 and the value of the Australian Dollar against the US Dollar increased 44% from 63.2 c to 91.0c.