A strong first half of the year for global markets

Ancoria Insurance
July 2023
Ancoria Insurance
A strong first half of the year for global markets

It was a strong first half of the year for global markets despite rising interest rates and a banking turmoil. Consequently, the Ancoria Funds have been performing exceptionally well. Here are the second quarter highlights.

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A bar graph displayed on a presentation screen, showcasing data visually. Market Commentary

Global stocks continued their upward trajectory in the second quarter defying bearish market expectations even as central banks worldwide remained fixated on tightening interest rates to fight inflation.

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Ancoria's Top Performing Funds
(as at 30/06/2023)
Fund Name YTD % (EUR) YTD % (SEK)
USA18.4025.16
Europe Fund12.9619.46
Ancoria Growth Fund EUR7.0613.22
Global Growth5.8411.89
Ancoria Global Equity Fund EUR 5.3211.38
Ancoria Balanced Fund EUR5.0911.13
About Ancoria Insurance
About Ancoria Insurance
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Telephone +357 22 551300 Email info@ancoria.com
Address 36 Laodikias Street, Strovolos, 2028 Nicosia, Cyprus
www.ancoria.com
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