Irwin A. Michael

All three ABC Funds outperformed their respective benchmarks in the month of May, driven by strong performances from large capitalization U.S. technology companies. Top performers included Microsoft, Alphabet, Amazon, Meta, NVIDIA, Broadcom, and Micron – companies leading the next major wave of innovation. We believe our funds are uniquely positioned to capitalize on the structural shift underway in artificial intelligence,

The month of April was characterized by significant volatility, driven by concerns over tariffs, economic uncertainty, and bond yields. However, investors’ worst fears did not materialize, and financial markets staged a remarkable recovery in the latter part of the month. Amid the market turbulence, several positive developments emerged, including declining interest rates, solid corporate earnings and forward guidance, and growing