We’re excited to share with you our June 2022 top picks based on factor investing!
News Scan📰 All June 2022 top picks passed our news scan, where we look for negative news surrounding these companies.
Top Picks Additions & Removals🔄 June 2022 only saw the entry of Edita (EFID) into our top picks, & the exit of Misr Chemical Industries (MICH). Other changes include minor reshuffles for Abu Dhabi Islamic Bank (ADIB), Eastern Company (EAST), & Obour Land (OLFI).
12-Month Top Picks Performance📈 We tracked the performance of the companies that were included in our past twelve months’ picks. If you had invested equally in the past twelve months’ top picks, you would have made a -1.78% return vs a -0.88% return on the EGX30.
It is important to note that fundamental factors explain returns over a long investment horizon. Speculative stocks, in contrast, may significantly outperform fundamentally solid stocks in the short term despite the absence of any understandable catalysts.