September Monthly Commentary

Stocks enjoyed another month of gains in September as positive economic momentum fueled the bull market. U.S. stocks finished September up 2.1% with growth outperforming value by 1.4%. Small-cap stocks eked out gains of 0.7% for the month, lagging their … Continued

UUCEF Frequently Asked Questions

UUCEF often gets questions on the performance pages presented at the Quarterly Investor Meetings.  There are three common ones that we’ll address in this post. If you don’t see your question here, visit the Contact page in the About menu … Continued

August Monthly Commentary

August was a tale of two capital markets. The first half of the month saw the return of volatility, with a sell-off in global equities and a flight-to-quality in rates triggered by some softness in U.S. economic data and central … Continued

July Monthly Commentary

July witnessed the “great rotation” in U.S. equities. Small-cap stocks led the way, with gains of 10%, following months of lackluster performance. In addition, value-oriented equities surged with the Russell 1000 Value Index up 5.1%, while the Russell 1000 Growth … Continued

June Monthly Commentary

It was the same story but a different month for stocks in June, with growth outperforming value. The artificial intelligence (AI) boom within the tech sector appears unstoppable as Nvidia, the leading provider of chips used to run AI models … Continued

May Monthly Commentary

Stocks and bonds defied the adage, “sell in May and go away,” ending the month in the black. The much anticipated earnings of Nvidia beat expectations again, fueling a rally in growth stocks and supporting broader market returns. The S&P … Continued

April Monthly Commentary

The S&P sold off 4.1% in April with equity markets reacting to rising interest rates and elevated inflation prints. Large-cap stocks outperformed, while small-cap stocks continue to be sensitive to long-term interest rates with the Russell 2000 selling off 7% … Continued

March Monthly Commentary

All asset classes were in the black in March as markets saw no signs of an economic slowdown in the U.S. in the first quarter, while the Federal Reserve continues its efforts to steer the economy to a safe landing. … Continued

February Monthly Commentary

A slew of stronger-than-expected economic and corporate earnings data bolstered global stocks in February. The S&P 500 Index hit multiple milestones during the month: it surpassed 5000 and Nvidia set a record for the largest single-day market capitalization gain of … Continued