What goes up must come down (and vice versa)

Pie Funds

Pie Funds

Over the past five years, Australia has been one the worst performing markets in USD terms, with 13% total returns in AUD and -18% total returns in USD. However, the outlook appears far less dismal when considering the theory of mean reversion: What goes up must come down, and vice versa. Remember prolonged periods of below average returns are normally followed by above-average returns. There is a high probability there will be a mean reversion for Australian equities, in which case they could well be the best performing market in the next five years. Read the full newsletter from Pie Funds here: (VIEW LINK)


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Pie Funds is a boutique Investment Manager. We are committed to our investment style and ignore the crowd. All our clients are treated with respect and we understand that choosing an investment manager is a big decision with important consequences...

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