FUND FOCUS – CASTLESTONE FAANG+ UCITS FUND

CASTLESTONE MANAGEMENT FAANG+ UCITS FUND

The FAANG+ Fund provides the investor with exposure to the world’s largest technology companies with an emphasis on the United States and the FAANG stocks. The Fund also invests in the growing Chinese internet companies like Tencent and Alibaba, as well as semiconductor makers and mobile phone producers like Taiwan Semiconductor and Samsung.

The Fund is traded daily, long-only, liquid and unleveraged. The portfolio is completely transparent and uses currency hedging to offset fluctuations in the value of currencies.

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Powerful Signals for a Bull Market……

Market reaching new records……..

As you know, the market has been on a record tear since late March 2020.
Literally setting records for the fastest recovery, the record size of the gains, and the record highs being made, to name just a few. 

In spite of all the records being set, there’s reason to believe that this bull move is just getting started. 

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Historic Election Week Gains….

Stocks closed mostly lower on Friday, but soared for the week with the Dow up 6.87%, the S&P up 7.32%, and the Nasdaq up 9.01%.

It was one of the best post-election rallies ever. And when combined with the week’s pre-election rally, it made for an overall historic election-week performance.

And with stocks looking poised for an upside breakout, we could see a lot more upside to go.

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