Guess the fund 03:Which Europe-focused fund has the potential to perform in July?
Hi, mooers![]()
!
The third round of our "Guess the Fund" challenge is here!🎉🎉🎉
Central banks in Canada and Europe are slashing rates, opening the door to potential investment wins. Can you determine which European asset fund will outpace the rest in July?
Submit your vote, break down your reasoning, and you might just win a prize!
📊 Market watch
The world is bracing for more rate cuts, and Canada has already made a move, reducing rates to 4.75%. The ECB chipped in with a 25 basis point cut on 6 June, their first since 2019[1]. ECB's President Lagarde claims this cut is a vote of confidence for the Eurozone's economic health and its ongoing recovery[2].
Further cuts might give a leg up to stocks and bonds, as shown by the STOXX Europe 600's 7.22% and the DAX's 9.07% rise in six months. Still, many European businesses are not yet profitable, and if rate-cut hopes aren't met, market volatility could ensue.
Further cuts might give a leg up to stocks and bonds, as shown by the STOXX Europe 600's 7.22% and the DAX's 9.07% rise in six months. Still, many European businesses are not yet profitable, and if rate-cut hopes aren't met, market volatility could ensue.
Which European funds will capitalize on the rate cuts? Which will climb the most?
📈 Fund highlights
Here are three funds on Moomoo Fund Hub, all invested in the European market! Which one do you think has the potential to perform in July?
Below is a chart comparing their performance over the past year, with returns ranging from 1.79% to 28.50%.
Which fund do you trust for future gains?
Which fund do you trust for future gains?
*Only one currency/dividend type will be displayed for the same fund.Calculation Formula: Fund Return = [Net Asset Value on T Day (31 July) – Net Asset Value on T Day (5 July)] / Net Asset Value on T Day (5 July) * 100%
🔍 Finding the funds
⏰ Time5 July – 31 July
*"Guess the Fund" voting ends at 23:59 SGT, 24 July.
*Influential posts before 23:59 SGT, 31 July, are in the running for rewards.
*Influential posts before 23:59 SGT, 31 July, are in the running for rewards.
🌟 Rewards
1. 88 points: for mooers who vote and make a correct prediction at the event
2. 18% (5d) fund coupon: for writers of the top 5 influential posts of over 50 words
1. 88 points: for mooers who vote and make a correct prediction at the event
2. 18% (5d) fund coupon: for writers of the top 5 influential posts of over 50 words
🎁 Extra bonuses"Guess the Fund 2024" is your bi-monthly chance to shine, with five events from March to November.
Stack up your correct guesses for extra bonuses:
3/5 correct: a S$20 fund cash coupon
4/5 correct: a S$40 fund cash coupon
5/5 correct: a S$60 fund cash coupon
*Following the final round, we'll add up the wins, announce the winners, and distribute the bonuses.
🥇 Cheers to our second-round winners
The second round of Guess the Fund 2024 has ended with $BGF World Gold Fund(LU0055631609.MF)$ taking the crown for May.
A hearty round of applause for our quick-thinking mooers who got their guesses in by 24 May, 23:59 SGT. 88 points are coming your way!
A hearty round of applause for our quick-thinking mooers who got their guesses in by 24 May, 23:59 SGT. 88 points are coming your way!
Hats off to @mr_cashcow , @102678535, and @104267753sleeky D for crafting the top 5 influential posts, each of which was rewarded with an 18% (3d) fund coupon!
Let's keep the fun rolling. Tap here to dive into the third round of voting now>>
Best of luck, and may sail smoothly on the market's currents!![]()
*Notes:
The influential posts will be selected based on post quality, originality, creativity, and influence.Posts that are not original or relevant shall be excluded.All rewards are mutually exclusive.All rewards will be distributed to your universal account within 15–30 working days after the winner's announcement.This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.
The influential posts will be selected based on post quality, originality, creativity, and influence.Posts that are not original or relevant shall be excluded.All rewards are mutually exclusive.All rewards will be distributed to your universal account within 15–30 working days after the winner's announcement.This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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mr_cashcow : Round #3 fight!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
ZnWC : Round #3
My Guess: Best Europe-focused fund performance in July
https://www.moomoo.com/community/feed/112733800366086?share_code=017j4w
redevilgiggs : i choose $BGF United Kingdom Fund (LU0171293334.MF)$
散修2706 : $BGF United Kingdom Fund (LU0171293334.MF)$
010Leo : my guess $BGF United Kingdom Fund (LU0171293334.MF)$
SneakyBear : My First Guess is Janus Henderson Pan European Property Equi... - moomoo Community
102998192 : $BGF United Kingdom Fund (LU0171293334.MF)$
101747665 : Here are a few promising European asset funds and why: BlackRock European Equity Fund Reason: The fund is operated by one of the world's largest asset managers and has a strong research and investment team. It tends to invest in large cap stocks, and these companies are generally more sensitive to changes in interest rates. JPMorgan Europe Dynamic Fund Reason: The fund has a dynamic investment strategy and can quickly adjust positions to respond to market changes. The ECB's interest rate cuts could provide more investment opportunities for the fund. Reason for the Fidelity European Growth Fund: The fund focuses on European growth stocks and may benefit from the economic stimulus brought about by lower interest rates. Furthermore, Fidelity has extensive investment experience and a good historical track record. Reason for the Schroder European Fund: The fund has a broad portfolio of investments in the European market, covering multiple industries. Lower interest rates may help growth in several industries, thereby boosting the fund's performance.
102678535 : Hi Moo Moo Community, my vote goes to $BGF United Kingdom Fund (LU0171293334.MF)$ with potential to perform in July
ljxP : I vote for BlackRock European Equity Fund because the fund is operated by one of the best investment firm with large assets under management. The return is quite alright with 1 year return at 15.8 % at this time. Then again, current we are in a bull market.
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