Log in

Login to your account

Username *
Password *
Remember Me

Forgot your password | Forgot your username

Report 05/2018

Last month we were surprised by the unusual strength of the Italian index compared to  other equity indices.  We know how it ended.  Also in this case we are surprised by the strength and the steadiness of retracement that has practically canceled all 2018 gains.

We could suppose, but  this  is our bad thought,  the powerful pre-electoral climb was attracting many investors  “the weak hands”  punished  after election result that was granted.

A film we have already seen in 2011.

However, the diversification on various indices and high percentage on dollar currency, allowed us a better performance than last month and which compares with - 1.49% of the Flexible Fideuram Benchmark.

The  assets have been rebalanced during month without modifying the mainstay of the portfolio decided at the start of year.

Giorgio Giovannoni

 

We attach schedule of the portfolio.

 

06/07/2018

Attachments:
Download this file (Report 2018-05.pdf)Report 2018-05.pdf[ ]720 kB

SPRINGLET FINANCE & CONSULTING SA ©2017 All Right Reserved