OTP Fundman Equity Fund – EUR

The Fund aims to generate outperformance compared to a global stock index in the recommended minimum holding period. As the focus is on stock selection, the equity exposure is typically between 90%-100% depending on the number of attractively priced companies found and the level of the fund managers’ conviction. The Fund invests in equities with a value investing approach. There is no restriction regarding the geography or sector of the investments, but the investment universe has an EMEA regional bias. The Fund tends to find value in under-researched mid-sized companies. Monthly statement Macro environment: June was a mixed month for global equity markets. The most significant development was the U.S.–Iran peace agreement, which substantially eased tensions in global energy markets through the reopening of the Strait of Hormuz. Following the agreement, oil prices declined sharply, helpi