One entry and one exit in our Megatrend Euro Portfolio – 06/09/17

We integrate the Lyxor CC1 ETF (China) into our Megatrend portfolio, while Chinese growth is accelerating through consumption and the Chinese economy is showing signs of consolidation, which is visible through the rise in raw materials (Copper, Zinc, Nickel ..). We are taking out the Lyxib ETF (IBEX35 Spain) due to the lower interest rates that penalize the banking sector, which is 1/3 of the Spanish index.

CC1 (China) : weekly data