Weekly update: for week ending 22nd Apr, 2022

WEEK that was

 

This week was no different from last. We were a net negative. Indices corrected 1.5% this week. Nasdaq in US markets is in a confirmed downtrend.

Here is a weekly update on our strategies.

 

 

MWM website shed  -1.35% this week to close at 296.32% total returnsOur Overall outperformance to benchmarks is now at 210.44%. The current Drawdown stands at -5.53%. We have averaged 30.77% CAGR since April 2017.

 

 

 

This week will have No changes 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.

MMG will be launched at the start of next month. Website members will have free access to the Model portfolio.

 

 

 

Mystic Wealth value gained 0.31% this week. Our Overall return stands at 136.15% since inception. Which is 18.21% CAGR. We have 10% in cash. Strategy outperformance to benchmarks stands at 50.27%

 

 

 

This week we will exit TCI Express with a profit of 200+% and pyramid into 02 existing names.

 

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 the website

 

 

To know more about the 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.

 

 

Also 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.

 

 

 

Have a great Weekend.

 

MysticWealth