Funds Facts: May 2022 Update – Belvoir Global Allocation Fund

05/31/2022 –

  • In April and May, we saw six or seven negative weeks in a row, especially for the major US stock indices
  • This constellation has not been seen for more than a decade
  • In the course of May, we again reduced the equity quota and as of May 31, 68.4% (71.9%) are invested in equities
  • In May, the Belvoir Global Allocation Fund posted a further decline of 2.9% and is down 17.1% year-to-date, both figures in EUR

Read more about the Belvoir Global Allocation Fund in the current Monthly Update written by the fund manager Mauro Tempini.

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