Global Security Fund Monthly Report March 2020
Newsletter
8 April 2020
· Jon Webb
The revaluation of risk premiums we saw in February escalated in March, leading to further declines in the world's stock markets and a sharp rise in the US dollar. Central bank efforts in combination with large rescue packages from all directions helped calm the markets, which has led to stock markets recovering significantly in recent weeks. Shares have largely been sold across the board, which also affected the Global Security Fund, which declined by 12.9 percent.