Monthly Commentary – January 2024 USD

Monthly Commentary – January 2024 USD

January was a relatively good month for our securities, despite the slight increase in interest rates at the beginning of the month. Following central banks’ announcements, market participants have been reviewing their assumptions regarding the timing of rate cuts, but the direction remains the same and the outlook remains positive and constructive ie, a gradual disinflationary scenario combined with a soft or no landing.

  • The Valuation date: March 21, 2024
    serieAsOFDateFKFund NameISINMTDYTDSIMTDYTDSI
    120,240,319GAM Sustainable Climate Bond fundIE000BSJBO140.00900.0062-0.06450.900.62-6.45
    220,240,319GAM Star Crdt Ops EUR InvIE00B50JD3540.01960.04540.55771.964.5455.77
    320,240,319GAM Star Crdt Ops GBP InvIE00B510J1730.01640.03400.82441.643.4082.44
    420,240,319GAM Star Crdt Ops USD InvIE00B57693100.01420.03050.73751.423.0573.75
    520,240,319GAM Interest Trend IncIE00BYM4P9130.01540.03060.29901.543.0629.90

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