NAV October: + 3.97% NAV Since Inception: + 6.75% Value Participation: 106.75% Pfäffikon SZ – On October 19, 2013, the Net Asset Value (NAV) of Thirteen Diversified Fund is 106.75%. This NAV is calculated by Thirteen Asset Management AG on a weekly basis. The NAV of Thirteen Diversified Fund is also calculated by CACEIS Netherlands N.V., […]
Pfäffikon SZ, Switzerland – Eind jaren zeventig van de vorige eeuw dachten beleggers dat inflatie nooit meer zou verdwijnen uit de wereld. Het was Paul Volcker – de voorzitter van de FED van destijds – die inflatie met hand en tand bestreed. En uiteindelijk kreeg hij zijn zin, de FED krijgt altijd haar zin. Sinds […]
Current Market Outlook: Pfäffikon SZ – As expected, the debt ceiling is stretched in the U.S.. However, the increase of the debt ceiling is a temporary solution, the problem presents itself again on February 7, 2014. The money tap for the federal government remains open until January 15th. We believe that the U.S. actually have […]
Current Market Outlook: Pfäffikon SZ – Confusion everywhere now the Republicans have applied their own plan to resolve the debt ceiling problems. Investors in the U.S. reacted disappointed because the deadline of 17 October is coming ever closer. Europe is not really deterred by this. We note that the U.S. government has approximately USD 30 […]