Despite the MSCI World Index losing 1.53% this month, Moominmama gained 1.04%. Part of the gain is due to the decline in the USD (though the MSCI World Index is also in USD) and her US and European equities underperformed the index. Despite the introduction of a tax on foreign capital in Brazil her Brazilian fund did best of all. Over in Moominvalley, though not all the final prices are in yet, it looks like we gained too in USD terms.
No comments:
Post a Comment