Dear Investors,
Here is your monthly update for March 2024 ✨
March was a standout month for global equity markets, with the S&P 500 ending Q1 of 2024 on a high note, marking over 10% gains and achieving double-digit performance for two quarters in a row for the first time since 2012. All sectors within the S&P 500 experienced gains.
Despite ongoing discussions around potential rate cuts, there's speculation that the Fed might not lower rates in 2024.
The month also saw record highs across various assets, including major stock indexes like the S&P 500 and Nasdaq-100, as well as commodities like Gold, Cocoa, and digital assets such as Bitcoin.
💭 Find out more about what happened in March with eToro's Smart Portfolios Monthly summary here: etoro.turtl.co/story/etoros-investment-office-performance-report-mar24/
Performance Stats: Chip-Tech-> March: 0.80% , QTD: 8.73% YTD: 8.73%
Benchmark (ICESEMIT - ICE Semiconductor Index (TR)) -> March: 4.08% , QTD: 17.93% YTD: 17.93%
Best Performer: $MU (Micron Technology, Inc.) 30.23%
Worst Performer: $NVTS (Navitas Semiconductor Corporation) -22.31%
Portfolio Indicated Dividend Yield: 0.42%
❓ Check out the portfolio fact sheet by clicking the following link: factsheets.fundpeak.com/Report/B15339EEF2BAE7C2902743AF8D338F39C0A33563AF61DEE588192731091E1EE7
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
