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NEW RECORD MARKS…
Monthly report april 2021
In April, too, a consolidation expected by many investors failed to materialize and global stock markets reached new highs. In addition to the further accelerating pace of vaccination in many countries, a very solid Q1 reporting season provided positive investor sentiment. Across all sectors, many companies delivered clearly better than expected results and revised their own targets for 2021 upwards. The renewed rise in interest rates in the U.S. is perceived as a sign of positive economic development and confidence that the Federal Reserve will counter potential inflation with effective methods.
Many of our positions have also presented very good Q1 results and our fund is trading +7,9% since the beginning of the year.
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