BillGates13F @BillGates13F: "Dear Investors, Here is your monthly..."

Smart Portfolio

Dear Investors, Here is your monthly update for September 2025 ✨ September was a strong month for global equities, with the S&P 500, Dow Jones, and Nasdaq all reaching record highs. Gains were driven by expectations of lower U.S. interest rates (first rate cut of the year), strong corporate earnings, and leadership from technology stocks. A.I. remained a central market theme, with Broadcom and Oracle outperforming on AI-related demand. Nvidia drew headlines for strategic investments in Intel and OpenAI. Chinese AI leaders Alibaba and Baidu also advanced with new large-language models and partnerships. Lower yields supported small-caps, gold hit new highs, and oil and crypto prices saw volatility. 💭 Find out more about what happened in September with eToro's Smart Portfolios Monthly summary here: etoro.turtl.co/story/etoros-investment-office-performance-report-sep25 Performance Stats: @BillGates13F-> September: 0.76% , QTD: 1.59% YTD: 13.03% Benchmark (SPX - S&P 500 INDEX) -> September: 3.53% , QTD: 7.79% YTD: 13.72% Best Performer: $MSGS (Madison Square Garden Sports Corp) 14.74% Worst Performer: $BUD (Anheuser-Busch Inbev Sa-ADR) -4.88% Portfolio Indicated Dividend Yield: 0.93% Some of the assets inside the @BillGates13F Smart Portfolio are: $CAT (Caterpillar) , $MCD (McDonald's) , $DHR (Danaher Corp) , $DE (Deere & Co) , $WM (Waste Management Inc) , $ECL (Ecolab Inc) , $CNI (Canadian National Railway Co) , $CPNG (Coupang Inc.) , $FDX (FedEx Corporation) , $PCAR (Paccar Inc) , $WCN (Waste Connections Inc) ❓ Check out the portfolio fact sheet by clicking the following link: bullaware.com/factsheet/BillGates13F 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.