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2020-08-18

FXI: Valor Global FX Fund reports NAV rate for July

Valor Global FX has, as expected, continued with an initial period that is negative and is down by about -2.62% during July.  This is due to initial and running costs and exchange cost from Euro to SEK as the Swedish krona value changed quite a lot during the period. In July, trade gave a surplus of just over 4 kEUR.

We want to get capitalization in place as soon as possible and hope for easing of the travel restrictions that the pandemic brought about so that we can meet investors again. As capital increases, the current cost effect naturally decreases, which is why an increase in capital is positivet for the fund's development and a priority for Valor Global FX.

FX International AB (publ.) therefore expects Valor Global FX to show positive results first in the coming months, as the initial and running costs are also charged to the positive trading that Valor's AI is expected to continue producing.

FXI's goal is that the company should always have a balanced long-term strategy with good returns and risk diversification.  More information will be communicated continuously through Spotlight Stock Market, Cision and our own channels. Please sign up for ongoing and direct information.

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