WEEK that was
Momentum petered out this week and all major indices ended in red. FIIs were net sellers this week.
Here is a weekly update on our strategies.
MWM website gained 1.30% this week and 1.90% last week to close at 301.76% total returns. Our Overall outperformance to benchmarks is now at 212.59% The current Drawdown stands at -4.20%. We have averaged 31.25% CAGR since April 2017.
This week will have 1 Exit and 2 entries in both MWM website and Smallcase.
You need to subscribe to this newsletter in order to receive Rebalance update in advance. Please read this blog detailing the rebalance process.
Now is a good time as any to bring your attention to the power of Asset Allocation. Your exposure should be in accordance with your pain threshold. Please watch this video we prepared to bring this point home.
If you had 70:30 MWM/Gold. Your current Drawdown would have been 0%. A new ATH.
We will be launching MMG. (Mystic Momo Gold) A 70/30 Momentum-Gold product for conservative investors interested in riding the momentum train minus the gyrations (a smoother equity curve).
Stay tuned for more info.
#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.
Mystic Wealth value gained 0.26% this week and 3.51% last week. Our Overall return stands at 135.43% since inception. Which is 18.23%% CAGR. We have 10% in cash. Strategy outperformance to benchmarks stands at 46.26%
There are NO changes this week on this portfolio.
MWV is run by Dayanand Deshpande who is considered an authority on Special situation Investing in India. Over the years, Demergers as a theme has generated amazing wealth for our long term clients.
Checkout our MWV strategy page on website
To know more about underlying philosophy at MysticWealth Value (MWV). Please watch this detailed webinar
MEMBERS ONLY DISCOUNT
To ensure that you stay with us for a full cycle, we are incentivizing your renewal with us. Watch this video to know more.
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Have a great Weekend.