Irwin A. Michael

All three ABC Funds closed at new all-time highs at the September month end. Despite volatility early in the month, markets responded positively to clearer monetary policy and continued earnings strength. Highlights from the month included earnings results from two core ABC Funds holdings: Broadcom and Micron. Both companies beat Wall Street expectations and raised forward guidance, with their shares

August was a volatile month for equity markets with investors navigating mixed signals from the economy, geopolitics, and central banks worldwide. Despite the uncertainty, corporate earnings remained broadly positive, and all three ABC Funds delivered gains during the month. A key development came from the U.S. Federal Reserve, which signalled its readiness to begin cutting interest rates. This marked a