Hello Copiers, Followers, and eTorians!
Welcome to my portfolio update for July 2025.
Performance Overview
- July: +4.58%
- YTD: +4.37%
- 2024 Performance: +46.68%
- Risk Score: 5
- Active Copiers: 16
July 2025 – Market Recap
July was a positive month for U.S. equities.
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S&P 500: +2.17%
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Dow Jones Industrial Average: +0.08%
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Nasdaq Composite: +3.7%
Portfolio Performance: +4.58%
My portfolio outperformed all the big US indexes, benefited from strong exposure to tech, select AI and semiconductors and some cryptocurrencies.
Key catalysts included:
The Federal Reserve: Still on Pause
The Fed held interest rates steady at 4.25%–4.50% during its July meeting, citing continued moderation in inflation and a cooling labour market. Chair Powell emphasised a data-dependent approach, signaling that rate cuts are still possible later this year, but not guaranteed. The central bank acknowledged progress toward its 2% inflation goal, but remains cautious due to lingering economic uncertainties.
Economic Growth Surprises to the Upside
Second-quarter GDP came in stronger than expected at 3.0% annualised, showing that the U.S. economy remains resilient despite higher borrowing costs. Consumer spending and business investment were key drivers of growth, helping ease fears of a recession.
Positive Tech Earnings
Microsoft joined Nvidia in the $4 trillion club after posting solid earnings and ongoing momentum in AI-related services. Meta also beat expectations, helping fuel a broad rally in the Nasdaq.
Cryptocurrency Market
The cryptocurrency market delivered an outstanding performance in July 2025, with Bitcoin climbing 8.02% and Ethereum soaring an impressive 48.74%.
One of the key drivers behind the rally was the introduction of the Genius Act, signed by President Trump.
The act recognises Bitcoin as a strategic reserve asset and offers significant tax incentives for U.S.-based crypto mining and blockchain innovation.
Portfolio Snapshot
Current Asset Allocation:
- 32% Stocks
- 41% ETFs
- 15% Crypto
- 12% Cash
My risk score has been 5 throughout the month, and it has been reduced from the previous months.
Outlook
August typically shows the lowest trading volume of the year due to the summer holidays.
President Donald Trump has announced a new round of tariffs, imposing rates between 10% and 41% on U.S. imports from a wide range of countries. The updated measures include higher duties on goods from India, Taiwan, South Africa, and Canada, where tariffs on Canadian imports have been raised from 25% to 35%.
Investors are watching closely as the uncertainty surrounding trade policy continues to influence sentiment across various sectors.
My strategy remains the same: monitor the markets daily, make strategic adjustments, and maximise returns while keeping a medium-risk profile.
Recommendations for Copiers
If you’re considering copying my portfolio, here’s how to make the most of it:
- Invest a minimum of $2,000: This ensures proper diversification and mirrors my portfolio effectively.
- Focus on the long term: Keep the copy open for an extended period to benefit from compounding and market recoveries.
- Starting smaller? Begin with a lower amount and add funds later to build your investment.
Now is still an excellent time to start copying my portfolio or to add more funds if you’re already a copier.
Goals for 2025
- Outperform the S&P 500: Aim for another year of market-leading performance.
- Maintain a medium risk score: Balance risk and reward effectively.
- Achieve Champion Popular Investor status: Grow and strengthen our investment community.
Thank You
I want to take this opportunity to thank all my copiers for your trust and support.
Get started now
If you haven’t started investing in my portfolio yet, now is a great time to join.
Simply create an eToro account using this link and visit my eToro profile to get started.
Warm regards,
Federica Montella