Fund Performance Report – 30 September 2018 – “The Swells are Building”

September 2018 saw the re-emergence of volatility in the equity markets with an ensuing decline in the S&P 500 TR Index (includes dividends) of  6.83% for the month. Does this small blip in an otherwise linear ascent in the Index since January 2009 signal further volatility ahead….or like February 2018, will we see a return to the progressive surge of the Index to new highs?