We had a hell of a day yesterday with GlobalAlphaS portfolio up 5.04%.
Main reasons for the performanace:
👉 Long equity hedges netted out in Feb/strat March
👉 Portfolio positioned to gain on the expected (and now materializing) rebound off the correction’s lows as situation around Ukrain descalates and 1st Fed rate hike is behind us now.
Plans and expectations:
👉 Expecting more upside and planning to stay net long equity and $GOLD exposure, whilst keeping long treasuries exposure neutralized ($TLT) and duration brought to zero in expectation of yet higher yields.
👉 Accepting higher risk (5 as of now vs. 1-2 in Jan/Feb thanks to hedging) and somehwat increased portfolio volatility in the short run, but still staying agile and keeping a relatively sound cash balance 15-25%
👉 Jan +2,15%, Feb +5,3%, MTD +2,1%
👉 YTD +9,8%
👉 All three months in the green so far
👉 Beating both our Synthetic Internal Benchmark (-3% YTD) and the equity indices ($SPX500 -8,6%) *SPX500 for comparison only.
👉 12-month rolling TWR (Time-Wieght Return) +16%
👉 30day Copiers count +200% THANKS! 🙏🙏🙏
For current and prospective copiers:
PLEASE ALWAYS BE PATIENT THROUGH TURBULENCES
PLEASE COPY FOR AS LONG AS YOU CAN (MIN 1YR SUGGESTED)
For strategy details please refer to my Bio and my INTRO here: etoro.tw/3H1m9GL
Portfolio as of now: www.etoro.com/people/globalalphas/portfolio
I stay at your disposal for any questions, Pawel Cylkowski (GlobalAlphaS)
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 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 held accountable for any losses of a third party resulting from any potential trading activities in any instruments, both specifically or by category of assets. 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.