The COVID-19 pandemic has caused an unprecedented human and health crisis which has led to fear and extreme volatility where there are many unknowns surrounding the economic impact for investors.
Towards the end of February 2020, COVID-19 pandemic started to spread globally which forced many economies to implement lockdowns and caused sell-off in global equities. Many of our holdings like Euronet Worldwide, BASF, Emerson Electric, Fleetcor Techologies and NXP Semicon corrected together with the risk-off in the general market.
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