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December performance of Element ONE

Element ONE 
Issuer: ELEMENT ONE LTD 
ISIN Number: VGG299771086 
IssueDescription: USD CL B SHS 
ISO CFI: CICXXX

Elemеnt ONE has performed +0,66% in returns during January 2021. The fund’s shares are valued at $ 1,790.54 in December.

Raison Asset Management in December was on the 3rd line of the independent rating of analysts invest-idei.ru.

S&P 500

In December, the S&P 500 broad market index showed an upward trend, increasing by 3.24% — from 3631 to 3748.75.

Due to the aggressive increase in money supply, the dollar index fell by 2.18% in December and by 6.50% at the end of the year.

In 2020, the Russian ruble has depreciated against the US currency by 19.53%. 

Central bank rates

FED: 0.25% (PREV 0–0.25%)
ECB: 0% (PREV 0–0%)
Central Bank of the Russian Federation: 4.25% (PREV 4.25%)

Unemployment

The unemployment rate in the US: 6,7% (prev. 7,9%).

Unemployment rate in Russia: 6,1% (prev. 6,3%).

Unemployment rate in EU: 8,3% (prev. 8,4%)

Unemployment rate in China: 5,2% (prev. 5,4%).

Oil

A historic event took place on the oil market this year. Amid low demand and high stocks, May futures for the WTI mark were trading deep in negative territory before expiration. The last day of trading closed at $ -37.63.

For the year as a whole, the price of oil on WTI futures fell by 21.23%, closing the year at $ 48.52.

Gold

In 2020, gold as a defensive asset showed steady growth, its price increased by 24.60%. The maximum price of the metal in August reached $ 2089, thereby setting a new historical record. At the end of the year, the price was $ 1895.1.