10/07/2021 –

• In September, US stock market posted their weakest monthly showings in 2021
• We assume inflation to be cyclical rather than structural
• The Belvoir Global Allocation Fund lost -3.07% EUR (-3.10% CHF) in September

Read more about the Belvoir Global Allocation Fund in the Monthly Update of September 2021, written by our fund manager, David Klingenbeck, CFA.