The month of May brought forward a significant recovery in equity markets, with global stock indices rebounding from April’s declines. Additionally, all three of our ABC Funds outperformed their benchmarks in May, setting new all-time highs. The month saw standout sector performances from information technology, utilities, and communication services. We believe these sectors are at the forefront of the current
After five consecutive months of upward momentum, equity markets declined in April. This result was influenced by several factors including interest rate uncertainty, sticky inflation, geopolitical tensions, and general investor angst. Despite these challenges, a number of positive elements reinforce our optimistic outlook. For instance, the economy remains strong, underlying market technicals are favourable, and current investor sentiment appears overly