1D·

Why does the stock price keep dropping?

$JEGP (-0.37%)

6 Comments

Aeglospt@Aeglospt

Good question… my guess is it has to do with USD currency depreciation….

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DH I.@fund_whisperer_1682

@Aeglospt Jep definitely the case, take it for the long term, the Dollar should go up again once in the upcoming few years you would say😅
Until that time buy as much as possible

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DividenDaan@DividenDaan

@fund_whisperer_1682 so its a good time to buy again!

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DH I.@fund_whisperer_1682

@DividenDaan jup, or $WINC which is relative new...
Have both in my portfolio, but need to make a decision once.

they both relative new, no long track records yet.
But see much potential in both

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DividendHawk🦅@DividendHawk

https://open.spotify.com/episode/5O4tlCiPNzQ5ZSJ3fxpT4N?si=2tsagSbvSjq0Rob1pZWw0A 40 min talk about the reason(s)

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Super_Geroy@Super_Geroy

20H

Indeed the fund is operated in USD so that every EUR/USD rate change directly translates into a price change of the fund in EUR. I have the USD version of the $JEGP (at the London exchange) in my watchlist to see the true performance (ex currency exchange rate consequences). There, the performance is more like stable (but no growth either).

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