InvestNow News – 20th Dec 19 – Pathfinder Monthly Newsletter – November 2019
“Stock Market up big today. A new record. Enjoy!”
Donald Trump, highly regarded market strategist
MARKET COMMENTARY
As shown on the cover page, Pathfinder won the Alternatives Fund of the Year 2019 for the Global Water Fund at the Good Returns/Research IP Fund manager awards. This award judges funds on return, volatility as well as qualitative measures like quality of the team, consistency and how good the overall investor experience is. We are super excited to be recognised for the Global Water Fund which has been run on ethical principles since 2010.
Pathfinder was also a finalist in the Boutique Manager of the year section, but unfortunately you can’t win everything you are up for. Next year!
Markets rallied in November, with most major markets hitting new all-time highs at month end. The S&P 500 has now climbed for seven out of the last eight weeks, with this month’s 3.4 percent gain tied for the best November return in a decade.