NAV March: + 0.07% NAV Since Inception: + 4.17% Value Participation: 104.17% Pfäffikon SZ – On March 22, 2014, the Net Asset Value (NAV) of Thirteen Diversified Fund is 104.17%. This NAV is calculated by Thirteen Asset Management AG on a weekly basis. The NAV of Thirteen Diversified Fund is also calculated by CACEIS Bank Luxembourg […]
Pfäffikon SZ, Switzerland – “There’s no such thing as a free lunch” is a famous saying in the financial world. This seems to apply to China now more than ever. The first cracks in the so-called economic wonder-child are slowly starting to show. In the meantime the first interest payment default by the Chinese Chaori […]
Pfäffikon SZ, Switzerland – ‘There is no free lunch’ is een gevleugelde uitspraak in de financiële wereld. Meer dan ooit lijkt dit van toepassing op China. De eerste scheurtjes bij het zogenaamde economische wonderkind worden langzaam zichtbaar. Inmiddels is de eerste default van een rentebetaling bij het Chinese Chaori Solar Energy Science and Technology een […]
Current Market Outlook: Pfäffikon SZ – When the FED speaks, investors listen like little children. The FED is doing what everyone expected, namely tapering. As we have stated before, tapering simply means that it is getting better with the world’s largest economy, and this is good news. Investors were a bit shocked that Janet Yellen […]