Monthly Fund Update May 2015
June 30th, 2015
In May 2015, the Odey International Fund returned a positive 4.5% against the MSCI Daily TR Net Europe return of +1.3%.
Positive performance came from our holdings in sectors including Electrical Technology (+1.2%), Retail Trade (+1.0%) and Producer Manufacturing (+1.0%).
Individual best performers this month came from DMG Mori Seiki Co. Ltd. (+0.7%) and Swatch Group Ltd. (+0.6%); the worst were Lloyds Banking Group Plc (-0.5%) and Ashmore Group Plc (-0.5%).
To read more of the May Monthly Fund Update, please click here.