NAV September: – 0.01% NAV Since Inception: + 16.03% Performance YTD: + 8.68% Performance YOY: + 11.48% Value Participation: 116.03% Pfäffikon SZ – On September 6, 2014, the Net Asset Value (NAV) of Thirteen Diversified Fund is 116.03%. This NAV is calculated by Thirteen Asset Management AG on a weekly basis. The NAV of Thirteen […]
Pfäffikon SZ, Switzerland – The interest rate decision on part of the ECB president – Mario Draghi – is symbolic of nature. The difference between applying 0.15% or 0.05% amounts to splitting hairs. Historically, however, the decision goes without precedent, for as of yesterday money is officially free. Investors in Europe are causing the divergence […]
Current Market Outlook: Pfäffikon SZ – After the symbolic interest rate decision of ECB’s Mario Draghi, the current market demands attention. European investors reacted euphorically, but we think this reaction is somewhat premature and, therefore, we remain reticent. The ECB is after all not acting because all is going well. Initially, the American markets also […]
Pfäffikon SZ, Switzerland – Het rentebesluit van de president van de ECB – Mario Draghi – is symbolisch van aard. Of er 0,15% of 0,05% gerekend wordt is natuurlijk lood om oud ijzer. Maar historisch gezien is het besluit van de ECB wel uniek, want geld is sinds gisteren officieel gratis. Beleggers in Europa zorgen […]