HAGI Indices posted a decline during May, whereas classic Mercedes-Benz (HAGI MBCI) advanced as well as our index for marques other than Porsche and Ferrari (HAGI Top ex).
The HAGI Top 50 benchmark index fell 6.19 points (-2.16%) MOM to reach an index price of 279.98 after advancing 5.45% in April. Similarly the HAGI F Index (classic Ferrari) fell below the 300 mark, down 4.72%, as well as the HAGI P (classic Porsche) traded down 1.76% in May.
Bucking the trend the HAGI MBCI managed a gain of 0.45 points (0.27%). Marques other than Porsche and Ferrari measured by the HAGI Top ex P&F Index also gained 0.99 points (0.38%). For comparison: World wide equities declined during May with the S&P Global 1200* down 0.12% MOM.
Please view the performance table below for specific percentage gains. Additional fundamentals can be accessed by contacting HAGI.
Index |
Period |
Price* |
% change/month |
% year to date |
May 2015 |
279.98 |
– 2.16 |
2.83 |
|
May 2015 |
291.13 |
– 1.76 |
4.72 |
|
May 2015 |
297.11 |
– 4.72 |
2.05 |
|
May 2015 |
262.80 |
0.38 |
2.79 |
|
May 2015 |
165.92 |
0.27 |
3.18 |
|
*HAGI Inception values £100 on 31.12.2008, **HAGI MBCI £100 on 31.12.2011 |
The HAGI Top Index is our overall market measure for exceptional historic automobiles.
The HAGI P Index is measuring the rare Porsche automobile market.
The HAGI F Index is measuring the rare Ferrari automobile market.
The HAGI Top ex P&F Index represents the HAGI Top Index without Porsche and Ferrari.
The HAGI MBCI measures the market for classic Mercedes-Benz automobiles (from 2012)
An updated edition of our book “Better Than Gold, Investing in Historic Cars” is available here.
Kind regards,
Dietrich Hatlapa and Hardy Sohanpal