MARKET MONITOR SUMMARIES
Winter 2010
Newgate Emerging Markets Portfolio:
Newgate's Emerging Markets portfolio finished a strong year up 5.2% in the fourth quarter and 60.6% for 2009. (Read more)
Newgate Global Resources Portfolio:
Natural resource investments had a strong
finish to what proved to be a solid year. The
Portfolio rose 11.3% during the 4th quarter
and 60.1% for the year. (Read more)
Newgate Global Fixed Income Portfolio:
Closed-end fixed income funds continued
to rally in the fourth quarter, and by the
end of 2009 had more than erased the
prior year’s decline. Global central banks have been successful in injecting liquidity back into the credit markets, although not a full measure of confidence. (Read more)
Newgate Municipal Income Portfolio:
Closed-end municipal bond funds were down slightly during the fourth quarter, hardly surprising given the outsized returns during the first nine months of the year. The Newgate Municipal Income Portfolio lost 1.0% during the quarter and gained 37.7% for the year. (Read more) |