Fund Facts: July 2021 Update – Belvoir Global Allocation II Universal Fund

08/03/2021 –

  • Tense mood on the markets
  • Advanced Micro Devices with sensational figures
  • Belvoir Global Allocation II Universal fund posts +0.2% in July

The markets continued to show their best side in July, marked by new all-time highs in the USA. Nevertheless, sentiment is tense, as illustrated by the Fear-and-Greed Index, which just indicates “extreme fear” among market participants.

The Belvoir Global Allocation II Universal fund recorded +0.2% in July. In the Belvoir Global Allocation II Universal fund, the position Tesla was built up, thus slightly increasing the equity exposure.

Read more about the Belvoir Global Allocation II Universal Fund in the July 2021 Monthly Update.

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