Fund Update Archive
16-07-2010
Fund Update Ethical Global Value Q2 2010
Performance
In the first half of 2010, Sparinvest Ethical Global Value posted a return of 8.87%, compared with 5.61% for the general equity market, as measured by the MSCI World index. During the second quarter, the fund retreated by 2.50%, while the index dropped by 3.53%.
Breaking the second quarter down further, value stocks dropped by 4.08%, while growth stocks fell by 2.97%. The small cap market dropped by 1.13%.
Sparinvest S.A. | 28, Boulevard Royal | L-2449 Luxembourg | Phone: +352 26 27 47 1 | Fax: +352 26 27 47 99