The economics of geopolitics
Trade war escalation and stalled Brexit negotiations have boosted investment risk and market volatility. Our panelists discussed the geopolitical landscape and how it's influencing investment decisions.
The opinions expressed are those of the Fund’s manager and are not meant as investment advice or to predict or project the future performance of any investment product. The opinions are current through June 30, 2019, are subject to change at any time based on market and other current conditions, and no forecasts can be guaranteed. This commentary is being provided as a general source of information and is not intended as a recommendation to purchase, sell, or hold any specific security or to engage in any investment strategy. Investment decisions should always be made based on an investor’s specific objectives, financial needs, risk tolerance and time horizon. Past performance is not a guarantee of future results.
Top 10 holdings as a percent of net assets as of 06/30/2019 include: Airbus SE 5.2%, Amazon.com, Inc. 4.8%, CME Group, Inc. 3.6%, Microsoft Corp. 3.6%, Visa Inc. Class A 3.4%, Dollar General Corp. 3.4%, Thermo Fisher Scientific, Inc. 2.7%, Ping An Insurance (Group) Co. of China Ltd., H Shares 2.6%, Prudential plc 2.5% and Ferrari N.V. 2.4%.
All information is based on Class I shares.
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