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TEVA - The 4% Passive DGI Core Portfolio: The Year-End Review
Teva Pharmaceutical Industries Limited American Depositary Shares
The year 2019 proved to be exceptionally good for stocks. The broader market, as represented by the S&P 500, gained more than 30%, though the gains were built from the bottom of nearly 19% correction during the last quarter of 2018. Our Passive DGI-Core portfolio nearly matched the overall performance of the broader market in 2019 after a 6% outperformance in 2018. In fact, this portfolio had finished every year as a positive year since inception five years ago. That said, the performance on the basis of total return on a year-to-year basis is not