We are now fully invested.

There has been a meeting with our Asset Management team, and during that meeting, we collectively decided to fully reinvest our cash position back into the market.

The reason we initially moved into cash was due to the ongoing uncertainty caused by the trade war between China and the United States. When two of the world’s largest economies are in conflict, it inevitably brings a great deal of uncertainty to the financial markets.

However, this past weekend, a meeting took place between the two countries in Switzerland, and they have reached an agreement. The most important outcome of this agreement is a temporary reduction in import duties.

The United States will lower its tariffs from 145% to 30% on products coming from China. In return, China will reduce its import tax from 125% to 10%.

Now that there is more clarity in the market, this gives us much more confidence to be fully invested in our strategies.