{"id":46726,"date":"2022-09-02T18:42:41","date_gmt":"2022-09-02T18:42:41","guid":{"rendered":"https:\/\/www.inovestor.com\/2022\/09\/portfolio-managers-september-comment-for-august-results-4\/"},"modified":"2022-09-02T18:42:41","modified_gmt":"2022-09-02T18:42:41","slug":"portfolio-managers-september-comment-for-august-results-4","status":"publish","type":"post","link":"https:\/\/www.inovestor.com\/en-ca\/2022\/09\/portfolio-managers-september-comment-for-august-results-4\/","title":{"rendered":"Portfolio Manager\u2019s September Comment for August Results"},"content":{"rendered":"<p>In August, the S&#038;P\/TSX decreased by 1.6%, the S&#038;P 500 fell by 4.1% while the MSCI ACWI ex USA contracted by 3.2%.<\/p>\n<p>At the end of the 12-month period ending on August 31, the S&#038;P\/TSX dipped by 3.4%, the S&#038;P 500 declined by 11.2% while the MSCI ACWI ex USA fell by 19.1%.<\/p>\n<p>In August, NQICAT shrank by 1.4% while it declined by 7.4% on an annual basis.<\/p>\n<p>The best TSX sectors for the month of August were Health Care up 8.9%, Consumer discretionary up 1.2% and Utilities down 0.8%.<\/p>\n<p>The worst performing sectors were Information Technology down 7.2%, Financials down 2.3% and Telecommunication down 2.0%.<\/p>\n<p>The best monthly performers in NQICAT were goeasy up 7.1%, Stella-Jones 5.2% and Canadian Natural Resources up 3.9%. At the opposite, the weakest contributors were Parex Ressources down 11.9%, Constellation Hardware down 9.2% and Richelieu Hardware down 9.1%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In August, the S&#038;P\/TSX decreased by 1.6%, the S&#038;P 500 fell by 4.1% while the MSCI ACWI ex USA contracted by 3.2%. At the end of the 12-month period ending on August 31, the S&#038;P\/TSX dipped by 3.4%, the S&#038;P 500 declined by 11.2% while the MSCI ACWI ex USA fell by 19.1%. In August, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[123,55],"tags":[],"class_list":["post-46726","post","type-post","status-publish","format-standard","hentry","category-featured","category-modelportfolio"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Portfolio Manager\u2019s September Comment for August Results - Inovestor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.inovestor.com\/en-ca\/2022\/09\/portfolio-managers-september-comment-for-august-results-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portfolio Manager\u2019s September Comment for August Results\" \/>\n<meta property=\"og:description\" content=\"In August, the S&#038;P\/TSX decreased by 1.6%, the S&#038;P 500 fell by 4.1% while the MSCI ACWI ex USA contracted by 3.2%. At the end of the 12-month period ending on August 31, the S&#038;P\/TSX dipped by 3.4%, the S&#038;P 500 declined by 11.2% while the MSCI ACWI ex USA fell by 19.1%. 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