June 4, 2022
In
Business, Business Events
Q2 2022 Index Performance Update
2nd Quarter 2022 Performance Highlights
During Q2 2022, the U.S. economy has witnessed significant spikes in volatility due to the impacts of increasing inflation, the supply chain crisis in China, and federal adjustment of interest rates. Large U.S. technology companies, such as Apple and Tesla, are among the biggest victims of this stock market turmoil. However, the M-CAM INAU index has outperformed the market by around 2.3% during Q2 2022. The outperformance mainly comes from INAU’s weight tilt onto the innovative companies in the energy and healthcare industry, such as Halliburton Company (HAL-US) and Abbott Laboratories (ABTUS)
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