October 2024 was marked by volatility in the financial markets. Global equities fell by 2.04%, while Crescit and Protect lost 1.20% and 1.06%, respectively.

European stock markets were pressured by macroeconomic concerns and volatility increased ahead of the US presidential election. The market showed mixed performance, with US stocks rising while European stocks fell. The Swedish stock market continued its downward trend.

The fixed income market was unstable, with sharply rising US long-term interest rates and reduced expectations of future interest rate cuts from the Federal Reserve.

Crescit's management strategy exploits market movements through position management and derivatives management. The fund creates a convex exposure with limited downside and potential upside. Exposure to rising volatility acts as a hedge against stock market declines. This strategy aims to generate long-term, risk-adjusted returns by exploiting the natural movements of the market. The goal is to provide exposure to traditional asset classes in a more efficient way, which in the long term improves the total return for the investor.