Hi all! A lot is going on in the world these days. A lot of nerves, fear, volatility in markets and economic uncertainty. But the SIA-style Pension Portfolio (PP) is full of Peace&Pacience already though – that’s what it is meant to provide in times like this!. Prepared and ready to go through the downturn. PP has been rebalanced on the 31st March 2020 (see here) and is now adjusted accordingly to SIA to the early phase of the economic contraction we are in now.
For the purpose of not making too many unnecessary moves and transactions on the portfolio I decided to leave its structure unchanged this month.
The only change is the $1000 monthly instalment that increases the cash buffer for now.
Current structure of the PP can be found under Porfolios page.
PP Total Personal Return (TPR) since inception as of 1st May 2020: 0%.
Next update due in a month time.
Best of luck,
PC
Disclaimers: None of the ideas, views and thoughts presented here shall ever be taken as a recommendation to buy or sell stocks,bonds,FX,commodities or any other financial instruments as stated in REGULATION (EU) No 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC or the Regulation of the Polish Minister of Finance of 19 October 2005 on information constituting recommendations regarding financial instruments, their issuers or exhibitors (Journal of Laws of 2005, No. 206, item 1715) or the Polish Act of 10 February 2017 amending the act on trading in financial instruments and some other acts. The article is for educational reasons and purely presents private views of the author, thus the author shall not be claimed eligibile for any losses of a third party resulting from trading activities based upon this article. The author uses his best knowledge and data from sources believed to be reliable, but makes no representations as to the accuracy of the data. Full Disclaimers&Liability Limitations page.
