WEEK that was

Markets have staged a comeback this week. Volatility has increased to such an extent that even this strong bounce cannot be trusted. A GAP can happen in either direction, without a continuation, we are still in negative sentiment.

Small caps showed great recovery (around 4.5%) since they were the ones that fell the most previously.

 

Here is a weekly update on our strategies.

 

MWM  gained 2.38% this week to close at 254.14% total returns. Our Overall outperformance to benchmarks is at 178.06%. The current Drawdown stands at –15.55%. We have averaged 27.45% CAGR since April 2017.

 

 

This week will have 3 Entries and 0 exits in both MWM website and Smallcase.

 

#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.

 

Listen to this Clubhouse conversation where we answered all FAQs.

 

 

 

 

Mystic Wealth value gained 3.83% this week. Our Overall return stands at 113.55% since inception. Which is 15.66% CAGR. We have 13% in cash. Strategy outperformance to benchmarks stands at 37.47%

 

 

This week will have 1 EXIT and No new Entry.

 

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.

 

To know more about the underlying philosophy at MysticWealth Value (MWV). Please watch this detailed webinar

 

 

TELEGRAM Channel.

 

To enable fast and prompt communication, we have launched a Telegram channel. Please subscribe to the channel to receive an instant update on our latest blog, video, and rebalance updates.

 

 

Happy Weekend.

 

MysticWealth.