Capstone Alliance Group's Small Cap Fund surged in value due to foreign exchange swings against the US dollar.
Foreign currency variations within the portfolio caused a net gain with the exchange rate changes. This further increased the funds value amid positive interest in smaller capitalized equity investments worldwide.
The Capstone Alliance Group's Small Cap Fund gained 18.3 percent since the end of last quarter as the sector rallied on announcements of various countries' stimulus plans. Due to their smaller size, junior companies are positioned to benefit most from government stimulus and commerce improvement implementations.
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