Dear Investors,
Here is your monthly update for September 2023 ✨
September saw negative performance in all equity sectors, except for the energy sector. Markets are predicting higher yields for longer, bringing volatility and a stronger US dollar. During the month, ARM Holdings IPOed after a long IPO drought. Oil continued to climb after reduced supply.
💭 Find out more about what happened in September with eToro's Smart Portfolios Monthly summary here: etoro.turtl.co/story/etoros-investment-office-performance-report-sep23/
Performance Stats: FoodDrink-> September: -5.28% , QTD: -7.67% YTD: 3.82%
Benchmark (DZFTR - Dynamic F&B Intellidex T) -> September: -4.28% , QTD: -6.11% YTD: -5.35%
Best Performer: $WING (Wingstop Inc) 11.95%
Worst Performer: $CBRL (Cracker Barrel Old Country Store Inc.) -18.48%
Portfolio Indicated Dividend Yield: 3.18%
❓ Check out the portfolio fact sheet by clicking the following link: factsheets.fundpeak.com/Report/B15339EEF2BAE7C22A6EEA1901D688CBBB71BAB8D47468AD6F0228263C8E6018
This Smart Portfolio is a long-term investment vehicle. Therefore, since market trends can change over time, you should set realistic goals and assess your investment performance over a prolonged period.
Please remember past performance is not indicative of any future performance.... Show More