Over the past six months, a portfolio of stock in minority banks beat the S&P 500. The S&P 500 Index (green) returned 74% The Minority Bank portfolio (blue) returned 112%. Much of this performance has been due to the increased attention being paid to the minority banking sector. The portfolio consists of equal weights in a group of minority-owned banks (email email@example.com for the list). Now, there are a few things to keep in mind: It's hard to actually buy this portfolio, mainly because stock in Black-owned banks is hard to come by. It is thinly traded and very illiquid. We are aware of a few with selected availability, but this is the exception, not the rule. Reach out to firstname.lastname@example.org for more information. We do not expect this situation to last. Most of the overperformance is due to investments made by large non-minority banks, like JP Morgan, Morgan Stanley, Citibank and Wells Fargo. You can't expect that these institutions will continue to pump up
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