«Among balanced funds, only Monocle stand out from the crowd.»


Les Echos, 1st French Business Newspaper, November 22d, 2018

 

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Performance
Monocle Fund Part A

January 10, 2020
 YTD:                  0.06%
 5Y (ann.):             +3.68%
 

Dear Investors,

Equity exposure was increased to 5% of the fund's assets at the beginning of the year. The overall positioning remains cautious in view of the various indicators, which are at their historical highs and the arrival of the fourth quarter earnings releases.

As of January 10, Monocle (A share) is at (0.06%) YTD and +3.68% 5Y annualized.

Excellent week to you,

Mimoza

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