We are very pleased to inform you that Watanabe & Brothers’ Investment announced 2021 Q2 financial results. In this regard, our fund underwent 30% growth (YoY) with respect to 2020 Q2.
In 2021 Q2, our fund was continuously suffering from its lower growth rate due to the increased volatility of stock market and increased inflation expectation. Our fund was recorded 2% decline in 2021 Q2 with respect to 2021 Q1.
In this quarter, we purchased Adidas AG in order to avoid excess risks caused by holding USD based assets. According to MSCI, the ESG rating of Adidas AG is AAA.
Now, we lower the forecast of FY2021 growth of our fund to 50 to 70% (TTM)
Watanabe & Brothers’ Investment will continuously invest in the US and European listed stocks based on the philosophy of ESG investment.