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October 14, 2023

Weekly Market Recap 14Th October 2023


Castlestone Management LLC cannot be held responsible for any misrepresentation you may make while gaining unauthorized access to the site. These terms may change without prior notice. Your continued use of the website after any changes will mean that you accept those changes. If you accept the conditions below and wish to enter the website, this page constitutes a binding legal agreement.

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These are our general site terms and conditions governing the use of this website and are set out below. Please read them carefully as by using the site you indicate your acceptance of them.

By accessing any page of this website, you agree to be bound by the terms below. If you do not agree to the terms below, please exit the website. Castlestone Management LLC cannot be responsible for any misrepresentations you may make in gaining unauthorised access to the site. These terms may be amended without notice to you. Your continued use of the website following any changes will mean that you accept such changes. If you accept the conditions below and wish to enter the website this page constitutes a binding legal agreement.

General Site Terms and Conditions


Nothing contained within this site shall be deemed or construed to constitute a recommendation or financial or other professional advice. All potential investors should take appropriate investment advice before considering an investment into any Castlestone Management LLC investment product. You should not rely solely on the information contained within these site pages, and should carefully read the appropriate offering document(s) and all other relevant documentation and/or terms and conditions available relating to any specific investment product before applying to purchase.


The capital value of investments and the income from them can go down as well as up and an investor may not get back the amount invested. Prospective investors should be aware of the underlying risks associated with investing in shares listed on certain stock markets which can be more volatile and less marketable than in more developed stock markets. The value of shares may rise or fall due to changes in the rate of exchange in the currency in which the funds are denominated if it is different from the investors’ own currency.

Past performance is not a guide to future performance. The value of investments and any income derived from them can go down as well as up and the value of an investor’s investment may be extremely volatile and be subject to sudden and substantial falls. The prices of commodities contracts and all derivatives instruments, including futures and options, are highly volatile. Certain investment positions may be illiquid. The Funds may invest in securities of financially troubled companies, illiquid over-the-counter securities and non-publicly traded securities.

Investment in emerging market funds involves risk factors and special considerations which may not be typically associated with investing in more developed markets. Political or economic change and instability may be more likely to occur and have a greater effect on the economies and markets of emerging countries. Adverse government policies, taxation, restrictions on foreign investment and on currency convertibility and repatriation, currency fluctuations and other developments in the laws and regulations of emerging countries in which investment may be made, including expropriation, nationalisation or other confiscation could result in financial loss.

Income from investments may fluctuate. Changes in rates of exchange may have an adverse effect on the value, price or income of investments. You should be aware that investments in higher yielding bonds issued by borrowers with lower credit ratings may result in a greater risk of default and have a negative impact on income and capital value. Income payments may constitute a return of capital in whole or in part. Income may be achieved by foregoing future capital growth in Income share classes. Fund charges may be applied in whole or part to capital, which may result in capital erosion.

The above list of risk factors is not complete and reference should be made to the offering document(s) of the relevant product before investing.

Castlestone Management LLC takes investments introduced via intermediaries only.

Variation of content

Castlestone Management LLC reserves the right in its absolute discretion at any time and without notice to remove, amend or vary any of the content which appears on any page of this site, including any terms and conditions. Any changes to these terms and conditions will be posted on this site and by continuing to use this site following any such change you will have be deemed to have indicated that you agree to be bound by the revised conditions. The contents of this website are based upon sources of information believed to be reliable, however, save to the extent required by applicable law or regulations, no guarantee, warranty or representation (express or implied) is given as to its accuracy or completeness. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements.

Data protection

Castlestone Management LLC complies with all applicable statutory obligations relating to the holding and storage of personal data. Where data is held about you, Castlestone Management LLC will only use this for the purposes to which you have agreed.

You have the right to request a copy of the personal data Castlestone Management LLC holds on you and to require us to correct any inaccuracies.

Privacy statement

Castlestone Management treats LLC all the information provided by investors and prospective investors with maximum care and applies relevant security measures to it. Any details you give will remain confidential and will only be disclosed to the extent that such disclosure is made at your request or with your consent, or where Castlestone Management LLC is compelled to make such disclosure under applicable law.

Links to other sites

The links to other sites on the internet in this site are solely to enable you to access further information on related topics. Castlestone Management LLC does not necessarily own or control such other sites and accepts no responsibility for any information contained in such other sites or their availability. Please note that when accessing another site by way of a hypertext link you will leave the Castlestone Management LLC site.


Castlestone Management LLC takes all reasonable steps to ensure that the information contained in this site is accurate, current and complies with all applicable law. Castlestone Management LLC does not, however, give any warranty or guarantee or make any representation regarding the accuracy or completeness of the content of this site. Castlestone Management LLC accepts no liability for any loss or damage, direct, indirect, special, consequential or otherwise, howsoever caused and occurring, that arises from accessing or relying upon the information contained in this site. Furthermore, no warranty or guarantee can be given that this site shall be available on an uninterrupted or continual basis and no liability can be accepted in respect of losses or damages arising out of any unavailability. Castlestone Management LLC accepts no liability in respect of losses or damages arising out of changes made to the content of this site by unauthorized third parties.

You acknowledge that you are solely responsible for you use of this site and all the information you utilize from it; all warranties, conditions, undertakings, representations and terms whether expressed or implied, statutory or otherwise are excluded to the fullest extent permissible by law. Nothing in these terms and conditions shall attempt to exclude liability for death, personal injury or fraudulent misrepresentation.

Copyright and trademarks

Copyright in all pages of this site, and any and all information, text, graphical representation and content therein and arrangement is owned by Castlestone Management LLC.

All title to trademarks, service marks, company names or logos are the property of their respective holders; no permission is given by any of these holders in respect of the use of any such trademarks, service marks, company names or logos. Any such use without of the respective holders’ express permission shall constitute an infringement of the holders’ rights.

Castlestone Management LLC will authorize users to store, manipulate, analyse, reformat, print and display the content of this site for personal use. Any other use of content is prohibited without Castlestone Management LLC’s prior written consent. Castlestone Management LLC does not permit the publishing, re-transmittal, re-distribution or otherwise reproduction any of the content of this site howsoever to any third-party; you are also hereby prohibited from using any such content in connection with any business or commercial activity.

Complaints procedure

Castlestone Management is committed to ensuring that you are treated in a well-informed manner and prides itself on, and is dedicated to, client service with particular attention to detail and accuracy. Castlestone Management LLC will endeavour at all times to treat you with fairness, courtesy and complete respect for your requirements.

Castlestone Management LLC’s commitment extends to dealing with any possible dissatisfaction you may have in a straightforward helpful way. Castlestone Management LLC believes that customer satisfaction is to be provided by speedy access to those personnel best placed to resolve issues quickly and efficiently.

If you have a complaint

Please contact:
Castlestone Management LLC
Registered investment adviser in New Jersey. CRD#170379
Address: PO Box 510, Ridgewood, NJ 07451 United States of America

Phone: +1 (201) 546 6458
Email: info@castlestonemanagementllc.com

Other jurisdictions

The information contained in this website is not directed at, nor is it intended for distribution to, or use by, persons in any jurisdiction in which the investment products are not authorized for distribution or in which the dissemination of information regarding the investment products is not permitted. The information or opinions contained herein should not be construed as an offer to sell or the solicitation of an offer to buy any investment product nor shall any such investment products be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction. A more detailed explanation of the restrictions associated with investing in each investment product is located in the prospectus for each investment product.

Offering documents

The offering document(s) for the investment products listed on this site can be obtained on request from:

AQA Capital Limited
171, Old Bakery Street
Valletta, VLT 1455

Email: info@aqa-capital.com

The views expressed in this site are those of Castlestone Management LLC and should not be regarded as offers to invest or subscribe for interests in any investment product. Financial products carry a number of inherent risks. Any person considering an investment should seek appropriate professional advice for further advice and information.

Castlestone Management LLC refers to Castlestone Management LLC, and its directors, officers, employees, agents and affiliates.

Additional information about Castlestone Management LLC is available on the United States Securities and Exchange Commission’s website at www.adviserinfo.sec.gov/firm/summary/170379.

Castlestone Management LLC is a registered investment adviser in the state of New Jersey. Being registered does not imply a certain level of skill or training. Investment in any Fund involves significant risks. A prospective or continuing investor should not invest in any Fund unless satisfied that it and/or its investment representative or professional adviser has/have asked for and received all information which would enable it or both of them to evaluate the risks in terms of an investment or continued investment in the Fund.


Castlestone Management Incorporated Privacy Policy

Our website address is: www.castlestonemanagementllc.com.

Castlestone Management LLC supports you, the Financial Intermediary, as you grow your businesses. We provide products and services that allow your clients to feel confident with their investments and the decisions you have helped them make.

We provide a range of marketing support services to our Financial Intermediaries, from regular performance and research updates, to educationally focused seminars, event promotion and conference participation.

If you are interested in becoming a signed Financial Intermediary with Castlestone Management LLC please Contact Us.

There are two ways for Financial Intermediaries to access the Castlestone Management LLC range of funds:

Directly – the fund range is available directly with the management company providing a simple and efficient way of accessing our funds

Via Platforms – the fund range is available through a variety of fund platforms providing you and your clients with flexibility and ease of access to our funds

Direct access

Before you or your client completes the application/subscription form, please ensure you read the respective Offering Supplement.

What personal data we collect and why we collect it


When visitors leave comments on the site we collect the data shown in the comments form, and also the visitor’s IP address and browser user agent string to help spam detection.

An anonymized string created from your email address (also called a hash) may be provided to the Gravatar service to see if you are using it. The Gravatar service privacy policy is available here: https://automattic.com/privacy/. After approval of your comment, your profile picture is visible to the public in the context of your comment.


If you upload images to the website, you should avoid uploading images with embedded location data (EXIF GPS) included. Visitors to the website can download and extract any location data from images on the website.

Contact forms


If you leave a comment on our site you may opt-in to saving your name, email address and website in cookies. These are for your convenience so that you do not have to fill in your details again when you leave another comment. These cookies will last for one year.

If you visit our login page, we will set a temporary cookie to determine if your browser accepts cookies. This cookie contains no personal data and is discarded when you close your browser.

When you log in, we will also set up several cookies to save your login information and your screen display choices. Login cookies last for two days, and screen options cookies last for a year. If you select “Remember Me”, your login will persist for two weeks. If you log out of your account, the login cookies will be removed.

If you edit or publish an article, an additional cookie will be saved in your browser. This cookie includes no personal data and simply indicates the post ID of the article you just edited. It expires after 1 day.

Embedded content from other websites

Articles on this site may include embedded content (e.g. videos, images, articles, etc.). Embedded content from other websites behaves in the exact same way as if the visitor has visited the other website.

These websites may collect data about you, use cookies, embed additional third-party tracking, and monitor your interaction with that embedded content, including tracking your interaction with the embedded content if you have an account and are logged in to that website.


Who we share your data with

How long we retain your data

If you leave a comment, the comment and its metadata are retained indefinitely. This is so we can recognize and approve any follow-up comments automatically instead of holding them in a moderation queue.

For users that register on our website (if any), we also store the personal information they provide in their user profile. All users can see, edit, or delete their personal information at any time (except they cannot change their username). Website administrators can also see and edit that information.

What rights you have over your data

If you have an account on this site, or have left comments, you can request to receive an exported file of the personal data we hold about you, including any data you have provided to us. You can also request that we erase any personal data we hold about you. This does not include any data we are obliged to keep for administrative, legal, or security purposes.

Where we send your data

Visitor comments may be checked through an automated spam detection service.

Your contact information

Additional information

How we protect your data

What data breach procedures we have in place

What third parties we receive data from

What automated decision making and/or profiling we do with user data

Industry regulatory disclosure requirements