
Market Commentary
MARKET COMMENTARY
In 2024, the U.S. stock market saw strong growth, with the S&P 500 rising by 25%, marking its second straight year of gains exceeding 20%. This impressive performance was led by the information technology and telecommunications sectors, driven by innovations in generative AI. Amid this favorable market environment, our fund outperformed major benchmarks through our traditional investment strategies, which focuses on continuously assessing active market trends and industry fundamentals. By strategically entering positions in promising stocks and exiting them at their price targets, the Fund can jump at market opportunities while maintaining our target risk profile. This approach has enabled our holdings to consistently outperform broader market indices on a consistent basis.