Alessandro Costa
“An unsettled geopolitical climate and the confirmation that the US economy is slowing down helped to sustain the pressure on US Treasury bond yield that had begun in early July 2006. Equity markets rallied further in August, with virtually all of the major sectors and countries participating in the rally. We remain overweight equities relative to the bonds. There were no changes in our asset allocation this month, even if we replaced Parvest Euro Advantage Bond Fund with DWS Forex Strategy Fund.”
Amount (E) Fund
8,000 Nordea European Value
7,000 Axa Optimal Income
7,000 DWS Forex Strategy
6,000 Vontobel Global Value
6,000 GLG Capital Appreciation
6,000 Invesco GT Global Bond
6,000 M&G UK Recovery
6,000 Mellon Global Bond
4,000 CA Funds Arbitrage Var4
4,000 DWS Alpha Rent Global
4,000 Fidelity European Aggressive
4,000 Fortis Absolute Return
4,000 ING Global High Dividend
4,000 SISF European Alpha
3,000 Franklin Mutual Beacon
3,000 Legg Mason US Value
3,000 M&G Global Basics
3,000 Nordea NA Value
3,000 Parvest US Small Cap
3,000 UBAM US Value
2,000 JPMF Japan Equity
2,000 Pictet Global EM
2,000 UOB-Kinetics Paradigm
