Any opinion expressed, is not a statement of fact, is subject to change and does not constitute investment advice.
The scenarios presented are an estimate of future performance based on evidence from the past on how the value of this investment varies and/or current market conditions and are not an exact indicator. Results will vary depending on how the market performs.
Past performance does not predict future returns, any forecast, projection or target is indicative only and not guaranteed in any way.
1 This refers to equity only, from December 2015 to December 2020.
2 MarketAxess, data as at January 2020 through December 2020 for USD investment grade corporates.
3 Elkins McSherry, four quarters 31 December 2020.
4 FX Transparency & Russell Investments. Spot and forward trade costs. Costs from 2020. Past performance is not a guide to future performance. For illustrative purposes only.
5 Rankings are based on best-performing brokers as measured by the difference in cost/savings against the universe of Elkins/McSherry, a State Street company. The Elkins/McSherry universe is based on the top 50 brokers in each category by U.S. dollar volume. This is a quarterly ranking based on the previous four-quarters as of December 31, 2020.
6 Source: As of 31 March 2020.
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