Dear Investors,
Here is your monthly update for May 2024 ✨
May was another standout month for global equity markets, with the S&P 500 and Nasdaq-100 reaching new all-time highs. Technology sector excelled, driven by promising demand for AI in the coming years. In contrast, the energy sector underperformed as oil prices fell.
Cryptoassets also enjoyed a positive momentum, buoyed by the unexpected approval of Ethereum ETFs by the U.S. Securities and Exchange Commission.
💭 Find out more about what happened in May with eToro's Smart Portfolios Monthly summary here: etoro.turtl.co/story/etoros-investment-office-performance-report-may24/
Performance Stats: PanicMode-> May: -2.48% , QTD: 0.41% YTD: -3.55%
Benchmark (SPVXSTR - S&P 500 VIX Short-Term MCAP Index) -> May: -14.95% , QTD: -11.00% YTD: -25.41%
Best Performer: $SLV 15.43%
Worst Performer: $VXX -15.28%
Portfolio Indicated Dividend Yield: 1.90%
❓ Check out the portfolio fact sheet by clicking the following link: factsheets.fundpeak.com/Report/B15339EEF2BAE7C23263049F8524D0685BD0F8F740566080D948C41CDEB905DAE0B359F771908DAF
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
