Weekend Update: Nice start to April

JIC Portfolio

Weekly Performance: Up 4.2%, slightly trailing the FTSE All-Share, which rose 4.5%.
Year-to-Date (YTD): Up 15.4%, maintaining a strong lead over the FTSE All-Share’s 5.0% gain.
Top Weekly Movers: Fireweed Metals (+18.3%), AST SpaceMobile (+17.7%), Lundin Gold (+13.6%), Ngex Minerals (+11.7%), and L&G Gold Mining UCITS ETF (+11.1%).
Bottom Weekly Movers: Venture Global Inc (-16.4%), International Petroleum Corporation (-2.8%), and Pollen Street Group PLC (-1.7%). (Pollen Street's fall includes 31p (3 per cent) of ex-dividend).

Funds' Portfolio

Weekly Performance: Up 3.4%, outperforming the FTSE All-World (GBP), which rose 3.1%.
Year-to-Date (YTD): Up 8.0%, compared to the FTSE All-World (GBP), which is down slightly at -0.1%.
Top Weekly Movers: L&G Gold Mining UCITS ETF (+11.1%), CQS Natural Resources Growth & Income (+10.1%), BlackRock World Mining Trust (+8.9%), and Temple Bar Investment Trust (+4.5%).
Bottom Weekly Movers: YFS Argonaut Absolute Return Fund (-0.4%).

Equities & Commodities: It was a broadly positive week for global equities and commodities:

UK: The FTSE 100 advanced 4.7%, and the FTSE 250 climbed 3.2%.
US & Global: The NASDAQ Composite rose 4.4%, the S&P 500 gained 3.4%, and the broader FTSE All-World Index (GBP) finished up 3.2%.
Commodities: Gold had a strong week, with the Gold Composite advancing 4.1%. Brent Oil also saw gains, rising 2.6%, while WisdomTree Aluminium jumped 5.5%.

Bond Yields: Generally down a little

US Treasuries: The 10-Year yield moved to 4.31%, the 2-Year yield moved to 3.78%, and the 30-Year yield moved to 4.90%.
UK Treasuries: The 10-Year yield moved to 4.87%, the 2-Year yield moved to 4.43%, and the 30-Year yield moved to 5.53%.
European Bonds: The German 10-Year yield moved to 2.98%.