Dear Investors,
Here is your monthly update for April 2024 ✨
April marked the start of Q2 2024 with negative returns in most equity markets, including pullbacks in the S&P 500 and Nasdaq-100.
Volatility was a key factor. With U.S. inflation continuing to report hotter-than-expected figures, market analysts remain uncertain about when the Federal Reserve will cut rates.
The earnings season began with mixed results, as some major tech companies posted two-digit performances, experiencing significant gains and losses. Bitcoin, gold, and other commodities also experienced a volatile month.
💭 Find out more about what happened in April with eToro's Smart Portfolios Monthly summary here: etoro.turtl.co/story/etoros-investment-office-performance-report-apr24/
Performance Stats: Ad-Tech-> April: -5.01% , QTD: -5.01% YTD: 2.55%
Benchmark (MRAD US - SmartETFs Advertising & Marketing Technology Etf) -> April: -8.10% , QTD: -8.10% YTD: -6.00%
Best Performer: $SNAP (Snapchat Inc) 31.10%
Worst Performer: $EFX (Equifax Inc) -17.69%
Portfolio Indicated Dividend Yield: 0.45%
❓ Check out the portfolio fact sheet by clicking the following link: factsheets.fundpeak.com/Report/B15339EEF2BAE7C22A6EEA1901D688CB6A9CA2A7D4EDB25BFACEE0091FF2C08A
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
