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: Buybacks-> May: 4.82% , QTD: -0.28% YTD: -
Benchmark (SPX - S&P 500 INDEX) -> May: 4.80% , QTD: 0.44% YTD: 10.64%
Best Performer: $NVDA (NVIDIA Corporation) 26.89%
Worst Performer: $EXPE (Expedia Group Inc) -16.17%
Portfolio Indicated Dividend Yield: 0.48%
❓ Check out the portfolio fact sheet by clicking the following link: factsheets.fundpeak.com/Report/B15339EEF2BAE7C22F07D58A52E6368B4D66FE90B52F6FF03C00B967DC45BF0DAAAAD3B201135DB1
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
