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Morphic Ethical Equities Fund Ltd. ( (AU:MEC) ) has issued an announcement.
Morphic Ethical Equities Fund reported a -2.02% decline in December, underperforming the MSCI All Countries World Daily Total Return Net Index. The U.S. Federal Reserve’s decision to cut borrowing rates and strong economic data contributed to investor skittishness. Despite high U.S. equity valuations, the outlook for small to mid-sized companies remains positive, presenting opportunities for MEC to find attractive investments.
More about Morphic Ethical Equities Fund Ltd.
Morphic Ethical Equities Fund Limited (MEC) operates in the ethical investment industry, providing investors with opportunities to grow wealth without supporting businesses that harm the environment, people, and society. The fund excludes investments in sectors such as coal and uranium mining, oil and gas, animal farming, tobacco, alcohol, armaments, gambling, and logging.
YTD Price Performance: 1.47%
Average Trading Volume: 34,411
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$37.41M
See more data about MEC stock on TipRanks’ Stock Analysis page.
