Bull versus Bear Markets

Document Sample
Bull versus Bear Markets Powered By Docstoc
					Bull versus Bear Markets

                                                                                                         50%
                                                                                                         40%
     400%                                                                                                                                                       45.63%
                                                                                                         30%
                                                                                       66 mths
                                                                                       386.7%            20%
     350%                                                                                                10%                                                                                      Bull Markets
                                                                                                             0%
                                                                                                        -10%                                                                                      Average Bull Market
     300%                                                                                               -20%                                                                                      Duration: 38 mths
                                                            72 mths                                     -30%
                                                            251.3%                                                                                                                                Average Annual Bull
                                                                                                        -40%
     250%                                                                                                                                    -50.5%                                               Market Return: 30.8%
                                                                                                        -50%
                                                                                                        -60%




                                                                                                                       Nov-07




                                                                                                                                             Feb-09




                                                                                                                                                                      Dec-09
     200%                                                                                                                                                                                         Bear Markets
                                                                                                                                                                                                  Average Bear Market
     150%                                                                                                                                                                                         Duration: 15 mths
                                                                                                                                      77 mths                   55 mths
                                                                                                                                       90.7%                    134.1%
                                                                                                                                                                                                  Average Annual Bear
     100%                                                                                                                                                                                         Market Loss: -31.1%
                          14 mths                                                                                    14 mths
                           49.7%                                                                                      59.6%
                                                                                      18 mths      19 mths
       50%                                                                             41.0%        26.4%
                                                                                                                                                                               10 mths
                                                                                                                                                                                45.6%
                                                                                                                                                                                                      Bull Market
        0%
                                                                                                                                                                                                      Bear Market
                                                       15 mths               5 mths      16 mths       4 mths              12 mths                    21 mths
                      22 mths                          -35.2%                -44.4%      -27.4%        -10.5%              -20.8%                     -17.4%
      -50%            -34.7%        23 mths                                                                                                                                    16 mths
                                    -51.8%                                                                                                                                     -50.5%
    -100%
             Jan-70




                                              Jan-78




                                                                            Jan-86




                                                                                                                  Dec-93




                                                                                                                                             Dec-01




                                                                                                                                                                                         Dec-09
Source: Bloomberg and Zurich Investments. Adapted from The Australian 1/10/03 pp 4 using source of Clarington Fund Inc. and Yahoo Finance.




                                                                                                                                                                                                                 Investment Concept
More information
Business Development Team
1800 004 480
Client Service Centre
131 551
client.service@zurich.com.au
www.zurich.com.au


Zurich is proud to support
football as an Official Partner
of the Hyundai A-League




This publication is only intended for general information purposes only, is dated December 2009, is given in good faith and is derived from sources believed to be accurate as at this date, which may be subject to change. It should not be considered to be a
comprehensive statement on any matter and should not be relied on as such. Neither Zurich Investment Management Limited ABN 56 063 278 400 AFSL 232511 nor any of its related entities, employees or directors (Zurich) give any warranty of reliability or
accuracy and to the fullest extent possible under law, accept no responsibility arising in any way including by reason of negligence for errors and omissions. Past performance is not a reliable indicator of future performance. AMUA-003665-2010 - ZU11847

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:14
posted:2/5/2011
language:English
pages:2