Fund Update Archive
16-07-2010
Fund Update European Value Q2 2010
Performance
In the first half of 2010, Sparinvest European Value posted a return of 5.52%, compared with -2.45% for the general European equity market, as measured by the MSCI Europe index. During the second quarter, the fund retreated by 0.64%, while the index dropped by 6.31%.
Breaking the second quarter down further, value stocks dropped by 9.46%, while growth stocks fell by 3.27%. The small cap European market dropped by 5.04%.
Sparinvest S.A. | 28, Boulevard Royal | L-2449 Luxembourg | Phone: +352 26 27 47 1 | Fax: +352 26 27 47 99