As a matter of principle, Investment Managers will not guarantee performance, and this is partly due to the nature of markets that move up and down depending on the conditions of the local and global economy. Market trading never stops as such security prices change and can actually be tracked in real time. These movements is what is reported as gains or losses, however its important to note that these gains and losses are unrealised and will stay so for as long as the assets remain invested. The trick is to avoid panicking especially during market lows as the general trend in the long term is upward, meaning unrealised market losses are normally recovered with time. Market movements or returns can be positive or negative and usually account for the largest change in the Fund’s reported market value.