Westport Fund 1Q15 Portfolio CommentaryVW Staff
Westport Fund's portfolio commentary for the first quarter ended March 31, 2015.
Westport Fund: Portfolio Commentary
Economic growth in the first quarter of 2015 slowed with activity retarded by harsh weather in the Northeast and Midwest, a rapid strengthening of the dollar, especially against the Euro, and a dramatic drop in oil prices. Continued easy monetary policy from the Federal Reserve and further easing by the European Central Bank and the Bank of Japan, supported U.S. equity markets with the Standard & Poors 500 Index (“S&P 500”) returning 0.95%, the Russell Midcap® Index 3.95 . . .
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