Dear Investors,
Here is your monthly update for February 2024 ✨
In February, global equity markets maintained their positive momentum, with major indexes reaching new all-time highs, including the S&P 500, Nasdaq-100, DAX, and Nikkei 225. All 11 industry sectors of the S&P 500 showed positive performance for the month.
The anticipated rate cuts in the US for the year were reduced, but corporate earnings were generally strong, helping the markets surge.
Following the approval of the Bitcoin ETF by the US SEC, the crypto market experienced massive inflows, pushing Bitcoin to levels not seen since 2021.
💭 Find out more about what happened in February with eToro's Smart Portfolios Monthly summary here: etoro.turtl.co/story/etoros-investment-office-performance-report-feb24/
Performance Stats: EWachenheim-CF-> February: 5.62% , QTD: 5.57% YTD: 5.57%
Benchmark (SPX - S&P 500 INDEX) -> February: 5.17% , QTD: 6.84% YTD: 6.84%
Best Performer: $CRH.L (CRH plc) 16.89%
Worst Performer: $NOV (NOV Inc) -13.38%
Portfolio Indicated Dividend Yield: 1.88%
❓ Check out the portfolio fact sheet by clicking the following link: factsheets.fundpeak.com/Report/B15339EEF2BAE7C2343DE3EA27CA7198960E484DC6EE09A5E7E3469E2038A3A2
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
