Adding exposure to European equities at current levels. Â This might turn into various positions with a long-term tranche with exposure higher than 3 months.
There is not hard stop yet but I will be reviewing the set up if we haveÂ volume above 4M. This trade will have a total allocation of 2.5% of the entire portfolio.
The target for the long-term tranche will be 44.67 and the stop to review the position is 34.50
Long FEZ at 36.6 or better