WEEK that was
For the current financial year, nifty has turned Green, It is as if nothing happened the entire year. Such is the mean reverting power of the index. MMG has completely recovered and the current drawdown is at 0%. MWV is also just 5% away from its All-time High. MWM is still in 17% drawdown (the cash call is a 2 edged sword)
Here is a weekly update on our strategies.
MWM gained 2.31% this week to close at 245.08% total returns. Our Overall outperformance to benchmarks is at 153.50%. The current Drawdown stands at –17.71%. We have averaged 25.53% CAGR since April 2017.
This week will have 1 Entry and 1 exit.
#MWM is a 20-stock Automated, Multi-cap Model portfolio selected on the basis of Price momentum. It has broader market filters to sit in cash in bear markets.
#MWM is a wonderful way to take “Momentum” factor exposure in your portfolio. The entire idea is to capture the Alpha, by falling lesser than the broader markets in bad days and be with fast movers in good days.
Is this the right time to invest in #MWM.
Listen to this presentation to know the answer.
Mystic Wealth value gained 2.98% this week. Our Overall return stands at 141.81% since inception. Which is 17.60% CAGR. We have 9% in cash. Strategy outperformance to benchmarks stands at 50.22%. MWV on smallcase has delivered a 28% CAGR return in the last 3 years.
This week will have 01 partial Exit and 0 Entry.
MMG has gained 10% in last 01 month and has totally recovered the last ground. Current drawdown is at 0% This is a new smallcase with 70/30 Equity-Gold allocation. Data for the Graphs is too less to make any sense.
Watch this video to understand the POWER of Asset Allocation in Momentum Investing.
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Have a great Weekend.