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: Chip-Tech-> May: 8.91% , QTD: 2.32% YTD: 11.26%
Benchmark (ICESEMIT - ICE Semiconductor Index (TR)) -> May: 9.39% , QTD: 3.64% YTD: 22.22%
Best Performer: $SITM (SiTime Corporation) 36.69%
Worst Performer: $QRVO (Qorvo Inc.) -15.79%
Portfolio Indicated Dividend Yield: 0.43%
❓ 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
