Dear Investors,
Here is your monthly update for November 2023 ✨
November was a very positive month for equities and crypto markets. The US Federal Reserves left interest rates unchanged, signaling no more rate hikes. Additionally, a key inflation number was 0.1% below the consensus forecast.
The S&P 500 Index posted a gain of almost 9% and the Nasdaq-100 delivered a gain of 10.7%. Except for the Energy sector that underperformed due to lower oil prices, all Industry Sectors were positive, with special attention to the Tech sector. Gold reached all-time-highs, and Bitcoin had a third consecutive positive month.
💭 Find out more about what happened in November with eToro's Smart Portfolios Monthly summary here: etoro.turtl.co/story/etoros-investment-office-performance-report-nov23/
Performance Stats: EWachenheim-CF-> November: 14.77% , QTD: 9.24% YTD: 24.09%
Benchmark (SPX - S&P 500 INDEX) -> November: 8.92% , QTD: 6.52% YTD: 18.97%
Best Performer: $MTH (Meritage Homes Corp) 23.93%
Worst Performer: $NOV (NOV Inc) -5.71%
Portfolio Indicated Dividend Yield: 2.21%
❓ 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
