The price of one share of MF Compass Euroselect was 0.9356 EUR at the end of April, which is an increase of 4.40% for the month and 12.25% since the beginning of the year. The positive financial results of the companies selected in the fund's portfolio were reflected in an increase in the share price, which is ahead of that of the leading European indexes during the month. Most European indexes ended the month in positive territory, continuing the upward trend since the beginning of the year.
In addition to the European Central Bank's supportive policies and hopes of reaching an agreement between the United States and China, the reporting season with results for the first quarter of the year also affected investor interest during the month.
Significant growth in shares was noted by the following companies: the German-based digital payment company Wirecard AG (+ 19.7% in EUR); TKH Group NV (+ 13.99% in EUR); the German company offering cyber security services and cryptography Secunet Security (+ 13.54% in EUR); the Dutch ASML Holding NV (+ 10.97% in EUR); a manufacturer of lithographic machines and the German manufacturer of machines for the automotive and weapons industry Rheinmetall AG (+ 10.14% in EUR).
The upcoming results of the reporting season for the first quarter of the year are expected to continue to hold the attention of investors in May. However, the reasons for optimism already seem to be largely reflected in market movements since the beginning of the year. This makes the selection of companies key in the formation of a portfolio of shares and the screening of businesses with unique competitive advantages and potential for long-term growth. In this context, the companies in the portfolio of MF Compass Euroselect should continue to perform better than the average market. In the short term, turbulence in financial markets along with the development of key policy issues is not ruled out. The European Parliament elections are coming up in May, as well as more details on the potential USA-China deal. Accordingly, in the presence of market adjustments, the fund's management is ready to add to its exposure of shares at attractive levels.
If you would like to learn more about the presentation of MF Compass Euroselect in April, as well as get more information about the development of global financial markets and management expectations, please click HERE to view the full newsletter in a PDF format.
With respect,
Compass Invest JSC team
The price of one share of MF Compass Euroselect was 0.9356 EUR at the end of April, which is an increase of 4.40% for the month and 12.25% since the beginning of the year. The positive financial results of the companies selected in the fund's portfolio were reflected in an increase in the share price, which is ahead of that of the leading European indexes during the month. Most European indexes ended the month in positive territory, continuing the upward trend since the beginning of the year.
In addition to the European Central Bank's supportive policies and hopes of reaching an agreement between the United States and China, the reporting season with results for the first quarter of the year also affected investor interest during the month.
Significant growth in shares was noted by the following companies: the German-based digital payment company Wirecard AG (+ 19.7% in EUR); TKH Group NV (+ 13.99% in EUR); the German company offering cyber security services and cryptography Secunet Security (+ 13.54% in EUR); the Dutch ASML Holding NV (+ 10.97% in EUR); a manufacturer of lithographic machines and the German manufacturer of machines for the automotive and weapons industry Rheinmetall AG (+ 10.14% in EUR).
The upcoming results of the reporting season for the first quarter of the year are expected to continue to hold the attention of investors in May. However, the reasons for optimism already seem to be largely reflected in market movements since the beginning of the year. This makes the selection of companies key in the formation of a portfolio of shares and the screening of businesses with unique competitive advantages and potential for long-term growth. In this context, the companies in the portfolio of MF Compass Euroselect should continue to perform better than the average market. In the short term, turbulence in financial markets along with the development of key policy issues is not ruled out. The European Parliament elections are coming up in May, as well as more details on the potential USA-China deal. Accordingly, in the presence of market adjustments, the fund's management is ready to add to its exposure of shares at attractive levels.
If you would like to learn more about the presentation of MF Compass Euroselect in April, as well as get more information about the development of global financial markets and management expectations, please click HERE to view the full newsletter in a PDF format.
With respect,
Compass Invest JSC team