Opportunities and threats in distortions

“Stability is unstable” Hyman Minsky, US Economist This insight captures the warning that when unusually calm conditions continue for a long time, distortions are likely to arise, which must ultimately correct. Between 2003 and 2007, stable and positive conditions set up the distortions which triggered many of the challenges we now face. These included over-optimism, [...]

In preparing this document, National Mutual Funds Management Limited (AFSL 234652) (NMFM) has taken care to ensure that the content is both accurate and correct. However, NMFM provides no warranty as to the accuracy or completeness of this document. Any opinions or forecasts mentioned in this document do not necessarily represent the opinions or forecasts of NMFM. Past performance is not necessarily indicative of future performance. This document is intended to provide general information and does not take into account the investment objectives of any particular investor. Before making an investment decision, investors should seek professional financial advice and should read and understand the product disclosure statement.
National Mutual Funds Management Ltd. ABN 32 006 787 720 AFS Licence No. 234652
Member of the Global AXA Group
www.axa.com.au