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21 November 2008
Messenger

Messenger – Spring Quarter 2008

30 September 2008

Each quarter, we publish our investor magazine, “Messenger”, which is designed to provide investors and advisers with market and fund commentary, as well as fund performance information.


Messenger is published in Adobe’s Portable Document Format (.pdf). To view it, you must have a copy of Adobe Acrobat® Reader installed

In this Issue:


Message to Investors: Damien Frawley, Head of Distribution

“Yet again, we have seen another quarter dominated by market volatility and uncertainty with the bear market in credit now 16 months old and equities coming up to for its 12 months anniversary”.


Investment Review: David Hudson, Head of Asset Allocation

“The bear market in credit is 16 months old and the bear market in equities is coming up for its 12 month anniversary. In that time the wealth destruction has been devastating particularly for those investors exposed to investments dependent on leverage”.


Fund performance

Fund commentary and performance information to 30 September 2008 is provided for our range of funds.



BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFS Licence Number 230523 RSE License No L0000116
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