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Michael Mosi

December 2024 Market Overview: Fund Performance Highlights By Ndovu Team.

December 2024 Market Overview: Fund Performance Highlights
By Ndovu Financial Reporting Team

As we close out 2024, the financial markets presented a mix of challenges and opportunities across key funds. From tech resilience to blockchain dips, this month’s performance showcases the dynamic nature of investing. Whether you’re looking for stability, growth, or long-term potential, our diverse fund offerings provide pathways to meet your financial goals. Let’s dive into the highlights and uncover the opportunities awaiting you


The Techie Fund

Monthly Change: -$1.74 (-0.28%)

High: $648.66 | Low: $619.13

Summary: Despite minor fluctuations, the Techie Fund showed resilience in the volatile tech sector. With growth potential evident, this fund is a strong contender for tech-focused investors.


Microchips Fund

Monthly Change: -$0.02 (-0.0082%)

High: $254.35 | Low: $238.35

Summary: The Microchips Fund remained stable, reflecting the enduring strength of the semiconductor industry. This fund offers steady performance for those seeking reliable tech investments.


Kings of Blockchain Fund

Monthly Change: -$7.27 (-14.42%)

High: $54.35 | Low: $43.04

Summary: Challenges in the blockchain sector caused a sharp decline, but early optimism suggests long-term potential. Now is the time to buy low and prepare for future rebounds.


Futurist Fund

Monthly Change: -$1.03 (-0.94%)

High: $120.36 | Low: $107.69

Summary: Mid-month gains highlighted the Futurist Fund’s potential despite an overall decline. Invest in the future today by riding the next-generation Internet wave.


Halaal Fund

Monthly Change: -$0.51 (-0.96%)

High: $55.15 | Low: $53.06

Summary: A slight dip in December was offset by mid-month growth in this ethically focused fund. Join the Halal Fund for a principled and promising investment opportunity.


Healthcare Fund

Monthly Change: -$3.79 (-6.11%)

High: $62.12 | Low: $57.38

Summary: December’s market trends pressured the Healthcare Fund, but the sector’s long-term stability remains intact. Invest in health today and secure a healthier portfolio tomorrow.


Call of Gamers Fund

Monthly Change: -$6.87 (-7.67%)

High: $89.58 | Low: $82.71

Summary: Despite a December dip, gaming remains a high-growth industry with strong future potential. Play to win by investing in the gaming revolution now.


Blue Chip Fund

Monthly Change: -$17.29 (-2.85%)

High: $612.09 | Low: $586.73

Summary: The Blue Chip Fund maintained stability with modest losses, reflecting its enduring appeal. Invest in time-tested leaders for long-term growth and reliability.


Chinese Dragons Fund

Monthly Change: -$1.75 (-5.65%)

High: $34.88 | Low: $29.00

Summary: The fund faced a dip but held firm in the mid-range, showcasing resilience in emerging markets. Invest in China’s bright future and ride the growth wave.


NVIDIA

Monthly Change: -$4.54 (-3.27%)

High: $145.79 | Low: $128.28

Summary: NVIDIA’s performance dipped slightly, but its early gains highlight its tech leadership. Seize the opportunity to invest in this innovation powerhouse.


Alphabet

Monthly Change: +$20.54 (+12.17%)

High: $199.00 | Low: $168.57

Summary: Alphabet soared in December, reflecting robust market confidence in the tech giant. Join the upward momentum and grow your portfolio with Alphabet.


Meta

Monthly Change: +$8.01 (+1.39%)

High: $638.40 | Low: $575.57

Summary: Meta continued its upward trend, with mid-month gains highlighting its strong positioning. Invest in the digital future with Meta as your guide.


Microsoft

Monthly Change: -$0.07 (-0.017%)

High: $455.29 | Low: $420.66

Summary: Microsoft remained steady, showcasing its resilience even in turbulent markets. A stable choice for long-term investors seeking tech diversification.


Amazon

Monthly Change: +$9.43 (+4.49%)

High: $233.00 | Low: $209.51

Summary: Amazon thrived during the holiday season, reflecting strong investor confidence. Invest in the e-commerce giant and watch your portfolio grow.


Gold Fund

Monthly Change: -$0.23 (-0.91%)

High: $25.98 | Low: $24.70

Summary: Gold showed minimal volatility, proving its value as a safe-haven asset. Secure your portfolio with the timeless stability of gold.


The time to invest is now! Seize the opportunities and let your money work for you with these diverse and promising funds.

New Hotkeys!


 

Disclosure:

 Ndovu is a regulated Robo-advisory platform operated by Ndovu Wealth Limited (‘NWL’). NWL is a Fund Manager licensed by the Capital Markets Authority (Kenya).


The information provided on this platform and the products and services offered are intended solely for persons in regions and jurisdictions where such distribution and utilization are in accordance with local laws and regulations. Ndovu does not promote its services in regions where it lacks the necessary licenses; It is exclusively available to persons residing in countries where it holds a valid license or has regulated partners. Ndovu does not extend its services to citizens of the United States, Canada, Japan, and other restricted territories.


Disclaimer:

 All ETF products are subject to risk, including country/regional, liquidity, and currency risks. Market prices of securities within the ETF may rise and fall, sometimes rapidly and unpredictably.


While ETFs provide diversification through exposure to a basket of securities, they do not eliminate the risk of loss. Diversification does not ensure a profit or protect against a loss. These are non-cis products and are registered by the SEC.

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