Leveraging on the opportunities presented – the launch of the New Sturdza Family Fund

In November the Fund posted a total return of +2.51%, outperforming its benchmark by 0.63 percentage points.

Any positive news can be a catalyst for a sharp rally

In November, the Japanese market initially declined following an announcement by Japan’s main mobile phone operator (DOCOMO) of its intention to reduce charges by 20~40% by mid-2019, triggering the stocks of 3 major telecom carriers to fall.

Are the Worst of the Trade War Fears Now Over?

The MSCI China Total Return index rebounded strongly in November gaining 7.3% after five consecutive months of decline. All eyes were on the meeting between US President Trump and Chinese President Xi at the G20 summit on 30 November.

Trade Tensions Trigger Uncertainty for Economic Growth

European equities continued to suffer during November, for the same reasons as highlighted in last month’s commentary (trade tensions triggering uncertainties around future economic growth, limited visibility about the Fed’s next move in December and beyond, as well as significant risk reduction across the board).

Fund Update – November 2018

The Strategic Europe Value Fund (EUR I Class) returned 0.13% in November, outperforming its index by 1% and the Strategic Global Quality Fund returned 1.20%, outperforming its benchmark by 0.06%.

Ready for a Bond Rally by the end of the year?

During November, the main financial markets were driven by Brexit, the trade war between the US and China, the mid-term elections, the FOMC, the defeat of Ms Merkel’s party in local elections and the beginning of social troubles in France.

Strategic European Smaller Companies Fund – 2018 YTD Performance Review

Mid December, the Fund’s year to date performance stands at approximately -25% (as at 14/12/2018) while the Fund’s benchmark has lost ~8.5%. Since inception in May 2015, the Fund has returned +4% while the benchmark is down by -2%. Most of the outperformance created in 2015, 2016 and 2017 evaporated this year.

Sturdza Family Fund – Benchmarks

The Sturdza Family Fund launched on the 14th December 2018 with the aim of providing our investors with a solution within the multi asset space in light of increasing volatility, offering dynamic exposure to global markets.

Our commitment to charitable giving

Eric Sturdza Investments is proud to have worked with The Tumaini Fund in 2018, a charity which seeks to provide support to orphans in remote regions of Tanzania.

Evolution in Eric Sturdza Investments’ Product Offering

Two new sub-funds of the EI Sturdza Funds plc are to be launched in Dec 2018, the Sturdza Family Fund, a multi asset vehicle and the Strategic Bond Opportunities Fund, offering a core exposure to fixed income markets.

Season’s Greetings 2018

We invite you to enjoy our festive film and wish you, your family and colleagues a happy and peaceful festive season and a prosperous 2019.

Seeking Excellence Across Global Markets

We form exclusive alliances with portfolio managers who are leaders in their sector and have solid, outstanding, demonstrable long-term track records. Eric Sturdza Investments provides its portfolio managers with an extensive infrastructure, supported by independent institutional-quality risk management and controls. Allowing the investment teams to focus purely on portfolio management.