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BTI - Total USD Portfolio Monthly Review - April 2019
British American Tobacco Industries p.l.c. ADR
Overview
April just delivered another strong momentum of price returns, with major US indices hitting new highs. My Total USD Portfolio and all its benchmarks turned positive for the first time since last October.
Measured by the S&P 500, the US large-cap stocks were up more than 4% in terms of total returns (including dividends reinvested) in a single month. This occurred even after 3 consecutive months of increases in stock prices accumulating around 14% total return YTD (at the end of March).
My portfolio was up 2.77% for April, 13.34% YTD and 2.35% since