Dear Investors,
Here is your monthly update for July 2024 ✨
July 2024 was a month filled with news that impacted markets in various ways. Volatility was evident as global investors shifted from big tech to small-cap stocks.
The Japanese yen appreciated significantly after the Bank of Japan raised its benchmark interest rate.
In the political arena, there were notable developments in France, the UK, and the US.
Gold reached new all-time highs, while cryptoassets experienced fluctuations throughout the month.
💭 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-july24/
Performance Stats: EmergingNations-> July: 5.86% , QTD: 5.86% YTD: 10.05%
Benchmark (M1CXBRV - MSCI Emerging Markets ex China Net Return USD Index) -> July: 0.84% , QTD: 0.84% YTD: 9.33%
Best Performer: $JMIA (Jumia Technologies AG-ADR) 72.08%
Worst Performer: $FN (Fabrinet) -9.90%
Portfolio Indicated Dividend Yield: 2.99%
❓ Check out the portfolio fact sheet by clicking the following link: bullaware.com/factsheet/EmergingNations
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