NAV July 2017: -2.73% NAV Year to Date: -30.43% NAV Year over Year: -25.37% NAV since inception: -60.84% Value participation: 39.16% Markets In July, the global equity markets again showed a slightly changing picture (in local currencies). In Europe, there was a small loss on average. Asia (excluding Japan) ended higher, and US stock markets […]
Pfäffikon SZ, Switzerland – Compared with the previous week, little has changed. All our short-term indicators are still green. The investor is rolling with a relatively small package of overvalued shares and feels safe. Meanwhile, rising geopolitical tensions are on the verge, and the White House looks like a pigeon house. The next week, it […]
On July 31, 2017, the Net Asset Value (NAV) of Thirteen Diversified Fund is 39.16% Net of Fees. This NAV is calculated by CACEIS Bank Luxembourg Amsterdam Branch. The NAV of Thirteen Diversified Fund is calculated by CACEIS Bank Luxembourg Amsterdam Branch, the fund’s administrator, on a monthly basis. Each month, the officially calculated NAV […]
Pfäffikon SZ, Switzerland – Last week, the S&P 500 was able to tap new highs. All our short-term indicators note in green, and investors are excelled. However, there is one problem, the valuation. Cyclically increased profit margins make investors pay not only the ultimate price for shares but also for other asset classes. According to […]