Fund Facts: April 2024 Update – Belvoir Global Allocation II Universal

08.05.2024 –

  • Inflation more stubborn than anticipated – the FED might delay interest rate cuts or even raise them.
  • Rotations in the stock markets – market breadth diminishes, stock picking becomes important.
  • Earnings season – both positive and negative surprises.
  • Volatility is on the rise again – the bull market enters its mature phase.
  • The Belvoir Global Allocation II Universal Fund recorded a decrease of -1.2% in April and stands at +4.0% YTD.

Read more about the Belvoir Global Allocation II Universal Fund in the Monthly Update, written by the fund manager Steffen Bauke.

Back to News