Dear Investors,
Here is your monthly update for December 2021.
*๐ฃ๐น๐ฒ๐ฎ๐๐ฒ ๐ป๐ผ๐๐ฒ ๐๐ต๐ฎ๐ ๐๐ต๐ฒ ๐บ๐ถ๐ป๐ถ๐บ๐๐บ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐ ๐ณ๐ผ๐ฟ ๐๐ต๐ถ๐ ๐ฆ๐บ๐ฎ๐ฟ๐ ๐ฃ๐ผ๐ฟ๐๐ณ๐ผ๐น๐ถ๐ผ ๐ต๐ฎ๐ ๐ฑ๐ฒ๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฑ ๐๐ผ $๐ฑ๐ฌ๐ฌ.
December started nervously as investors came to terms with the Omicron variant, and what it could mean for the recent recovery from the Covid-19 pandemic. Over the course of the month however, optimism grew as the data seemed to point to Omicron being milder than Delta, causing markets to recover and end the month in positive territory. The Federal Reserve also announced they will end the stimulus program sooner than expected and expectations are for 3 interest rate hikes in 2022. Cryptocurrencies suffered one of the weakest months of 2021 with Bitcoin falling 18.91%.
Find out more about what happened in December with eToroโs Smart Portfolios Monthly Summary here: content.etoro.com/lp/pdf/Performance_report_DEC21.pdf
Performance Stats
FoodTech: December 2.93%, QTD 1.07%, YTD 13.42%
Benchmark (Indxx US Food Technology Index): December 5.08%, QTD 0.71%, YTD 16.28%
Best Performer: $MIDD.US (Middleby Corp) 12.64%
Worst Performer: $ROO.L (Deliveroo Holdings PLC) -29.89%
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.
$288.HK (WH Group Ltd), $ADM (Archer-Daniels-Midland Co), $BN.PA (Danone S.A), $BYND (Beyond Meat Inc.), $CAG (ConAgra Foods Inc), $CTVA (Corteva Inc)... Show More
