Twelve Capital Event Update – 26 October 2020
26 October 2020Hurricane situation
Over the weekend, Tropical Storm Zeta formed in the western Caribbean. It currently has a predicted track taking it north-west over the Yucatan peninsula into the Gulf of Mexico where it will then curve towards the north-east and make landfall in Louisiana towards the end of the week. Zeta looks like it will stay a Tropical Storm/Category 1 hurricane for its duration, so based on current predictions it should not be an issue for any of the Twelve Capital funds.
As the end of the hurricane season approaches, Twelve Capitals hopes that Zeta will be the last storm of the record-breaking 2020 season.
