Newsletter end of June 2020

For the month of June 2020, the Enhanced Permanent Portfolio account returned net -0.73%.

The reason for the slightly negative June performance was the massive near 5% rise in the value of the euro against the dollar. We mitigate the currency risk of the portfolio (instruments in dollars) to a certain extent, but not completely. We keep the portfolio allocation, as well as the implementation method unchanged for the coming month.

Your Rational Invest Team
Walter Baumann / Frank Grossmann / Thomas Ritter
Tel +41 44 515 48 00 / Email info@rational-invest.com