OTP Western European Equity Fund – EUR

The fund provides an investment opportunity to benefit from the performance of the Western European Equity markets. The portfolio manager invests mainly in the European Monetary and Economic Union (primarily France, Germany, The Netherlands, Spain, Italy, Finland, Belgium, Ireland). The targeted average equity exposure is 90%. Monthly statement Macro Environment: Corporate investment activity continues to strengthen across Europe. Companies are raising substantial amounts of capital, but this is being driven by growth opportunities rather than financial necessity. Investment is primarily supported by trends related to artificial intelligence, the energy transition, infrastructure development and rising defence expenditure. Corporate balance sheets remain broadly stable, meaning that capital raising is mainly aimed at capturing future growth opportunities. The European equity market is fa