Moriah Global FoF

 

Moriah Global grew negative for October, as expected, namely -2.37% and now +6.95% in USD (YTD). Because of Rand depreciation over the period the ZAR value was +1.98% and the YTD value moved up to +27.79%!

 

We believe that the global market correction is something of the past, as the 3 underlying funds of Moriah Global, (which trade daily) have grown for the first two weeks of November, as follows: BNP Paripas with 2.63%, Berkshire Fund of Warren Buffett with a fantastic 4.73% and JP Morgan still negative at -0.24%.

 

Friendly greetings

 

Andre Delport