Who won the investment return race in 2017?

Bloomberg has summed up the returns on different assets across the world in 2017. The winners included bitcoin and some other crypto-currencies which brought thousands of percent returns, the Ukrainian equities index which rose by 80% (the best return of any stock market in 2017), Greece’s bonds which jumped 64% and palladium which returned 57%.

The world’s most important indices and commodities showed more moderate results last year. Among the leading North-American indices, NASDAQ Composite was a clear winner. In mid-2016, the index successfully broke through its levels posted during the height of the dot-com bubble while the strength of the technology sector has lifted the index substantially since that. Gold and oil (WTI Crude) grew by 13% and 12% respectively.

The leading Canadian indices lagged behind. The S&P/TSX Venture Composite Index, which returned 12% in 2017, had its second year of strength after its long-time low posted in early 2016. And S&P/TSX Composite Index returned 6%, after growing by 18% in 2016.

Ukrainian Credit Union Limited