September update – Cautious view maintained
The Strategic Europe Value Fund returned 0.58% over the month, slightly outperforming its benchmark (+0.53%). Stock selection was strong during September, particularly in the Information Technology and Consumer Staples sectors.
Monthly Fund Commentary
Brexit Impacts for EI Sturdza
We have planned for a “hard Brexit” whilst continuing to evaluate additional potential risks and opportunities that may arise as a result.
Five Star Morningstar Rating for the ‘Strategic Global Quality Fund’
The Strategic Global Quality Fund (“Fund”) launched in December 2014 is now five star rated (three year and overall) by Morningstar.