Dear Investors,
Here is your monthly update for July 2023 ✨
July was again a positive month for stocks, following June performances. Corporate earnings have been 'good enough' as 80% of stocks and sectors beat expectations. The U.S. Federal Reserve hiked by 0.25% its Fed Funds target rate, and now market analysts believe there will be no more hikes. Oil, Gasoline and Gold went up, and the U.S. Dollar depreciated against most currencies.
💭 Find out more about what happened in July with eToro's Smart Portfolios Monthly summary here: etoro.turtl.co/story/etoros-investment-office-performance-report-jul23/
Performance Stats: Private-Equity-> July: 5.83% , QTD: 5.83% YTD: 26.44%
Benchmark (GLPEXUTR - Red Rocks Global Listed Private Equity Index (USD) (TR)) -> July: 6.53% , QTD: 6.53% YTD: 21.28%
Best Performer: $PGHN.ZU (Partners Group Holding AG) 16.21%
Worst Performer: $RF.PA (Eurazeo) -13.89%
Portfolio Indicated Dividend Yield: 2.74%
❓ Check out the portfolio fact sheet by clicking the following link: factsheets.fundpeak.com/Report/B15339EEF2BAE7C2343DE3EA27CA719826D7E7304D232E07E98120F17D71E5DD
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
