Irwin A. Michael

July was a mixed month for equity market performance after achieving respectable returns during the first half of 2024. Understandably, in the context of a slower summer trading period there was significant common share price volatility. Market headwinds over the month included slowing economic growth, notable geopolitical tensions, and interest rate uncertainty. Additionally, the impending 2024 U.S. Presidential Election has

In June, North American equity markets displayed mixed results, with the US stock market significantly outperforming its Canadian counterpart. All three ABC Funds not only exceeded their benchmarks but also reached new all-time highs during the month. This performance was largely driven by the funds’ US geographic focus, coupled with our strategic commitment to high-growth sectors, particularly technology. The AI