Anchoria Mutual Funds Prices

June 23rd, 2022: Anchoria Equity Fund: BID/ OFFER: 147.5222/149.1753    |    Anchoria Fixed Income Fund: BID/ OFFER: 1.20490/ 1.20490    |    Anchoria Money Market Fund: BID/ OFFER: 100/ 100 (4.870% Yield)

Mutual Fund Performance Report – May 2022

The Anchoria Fixed Income bench marked on the 3-year bond returned 5.76%, higher than its benchmark return of 89bps for the period in review. In the secondary market for Treasury Bonds, investors continued exiting their positions in anticipation of higher yields. Even with the pockets of buying pressures at the mid end of the curve, selling pressures at the long end pushed the average bond yield up 7bps to 10.89% from 10.81%. Results from the primary market auction in May reflected sustained market participation, as over subscription was recorded across all instruments on offer with the 13.00% JAN 2042 recording the highest bid-to-cover ratio of 1.96x while the 13.53% MAR 2025 (1.42x) and 12.50% APR 2032 (1.35x) trailed.