The Spear Alpha ETF achieves a return of 88 percent: How financial experts are using the trend positively

According to a report by www.businessinsider.de,

It's no secret that tech funds have delivered impressive returns in 2023. The Nasdaq Composite Index rose 43 percent, the Technology Select Sector SPDR Fund rose 56 percent and the S&P 500 also posted a return of 24 percent. This trend is further reinforced by Ivana Delevska's Spear Alpha ETF, which returned 88 percent in the same year. The ETF's high returns not only outperformed the broader market, but also its competitors in the technology sector.

Delevska, the fund's portfolio manager and founder of investment consultancy Spear Invest, uses a similar approach to her time as a hedge fund manager. Their company focuses on fundamental data analysis and on-site research to invest in select stocks. Last year the focus was on artificial intelligence, which allowed the fund to get ahead of the market madness.

According to their analysis, the high yield of the Spear Alpha ETF could lead investors to invest more in similar funds to benefit from the promising returns. This, in turn, could further strengthen the technology sector and increase interest in artificial intelligence and other related technologies.

Overall, the strong performance of the Spear Alpha ETF could have a lasting impact on the market and investor behavior, particularly in the technology sector, due to its success and Delevska's approach.