2024-06-06 12:00:00 ET
Summary
- Our proposition is valued and people recognize last years’ outstanding performance. Our February and March was a continuation of this, with the fund appreciating 4.6% in both months.
- The Fed left interest rates unchanged, as was expected since January when inflation came in higher than expected.
- Peugeot Invest had their earnings where they declared over 400 million euros in write-downs on real estate investments.
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For further details see:
Van Der Mandele ARAR Fund March 2024 Investor Letter