Fund Update Archive
15-10-2009
Fund Update Ethical Global Value Q3 2009
Performance
In the third quarter of 2009, Sparinvest Ethical Global Value rose by 12.37%, taking the year-to-date return to 20.25%. The general equity market, as measured by the MSCI World Index, advanced by 12.70% over the quarter and 18.78% year-to-date. Meanwhile, MSCI World Value and MSCI World Small Cap indices increased by 14.80% and 17.28%, respectively. The MSCI World Growth index rose by 10.60%.
Although we lagged the MSCI World index by 0.33% during the quarter, we remain 1.47% ahead of it year-to-date. Similarly, we trailed the MSCI World Value index by 2.43% during the quarter but have outperformed by 2.41% year-to-date.
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