#3 My Guess: Best Europe-focused fund performance in July
Which European funds will capitalize on the rate cuts? Which will climb the most?
I pick $BGF United Kingdom Fund(LU0171293334.MF$ as the fund to climb the most and to capitalize on the rate cuts in July. The other 2 funds are $BGF Euro Bond Fund(LU0171279184.MF$ and $Janus Henderson Horizon Global Property Equities Fund QDis(LU1316542866.MF$ You can see that the 1-month view and 3-months view generated a different fund performance analysis result. I observe the following:
1) The fund performance is based on historical return hence it will be different when the time frame changes.
2) The 3 funds trending is similar but not in magnitude.
3) The US Fed interest rate has a significant impact on the funds return but the volatility is different.
Based on the above points, we can see that BFG United Kingdom Fund had a relatively lower volatility risk and a higher return when the rate cuts "sentiment" changes.
Disclaimer: The above analysis is subjected to error because there may be other factors that affect the fund performance such as the July economy data or company financial report. Geopolitical tension like China-EU trade war and Ukraine-Russia conflict may also impact the return significantly.
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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