Another good month in which the MSCI World Index rose by 4.16%. Somewhat surprising given the negativity that seemed to be in the news for much of the month. Moominmama saw a more modest gain of 1.44%. US and European equities did best. Despite all the talk of the falling USD, Sterling actually fell against the USD this month. The Euro gained a little but we don't have Euro cash and only 15% of assets overall in Euro denominated investments.
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