Vol. July 2023 – Long-Term Capital Fund Factsheet
Economic optimism was certainly at work in July, as market sentiment was buoyed by a drop in developed market inflation and resilient GDP data. These supported a broad rally across most asset classes and regions. Global stocks and Fixed Income performed well, and commodity prices too reversed some of their year-to-date(YTD) losses. KLTCF too is up 3.9%.