16.09.2024 –

• August – Volatility Rises, the Market is Searching for Direction
• U.S. Economy slows down – Interest Rate turnaround expected in September
• Sector Rotation – defensive sectors celebrate revival
• Belvoir Global Allocation II Universal Fond gained +1.7% in July and is at +7.1% YTD

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