WEEK that was
Market consolidated in a range after a stellar recovery last week. Metals are leading the pack and new names are taking the baton forward. Adani group also leading from the front.
Here is a weekly update on our strategies.
MWM website gained 1% this week while being in 27% cash. Our Overall outperformance to benchmarks is now at 195.5. The current Drawdown stands at –9.11%. We have averaged 30.28% CAGR since April 2017.
This week will have 4 entry 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 to your pain thereshold. Please watch this Video we prepared to bring this point home.
If you had 70:30 MWM/Gold. Your current Drawdown would have been 4%
#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 was flat this week. Our Overall return stands at 119.22% since inception. Which is 17.20% CAGR. We have 15% in cash. Strategy outperformance to benchmarks stand at 33.54%
This week will have NO changes.
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
#MWO. MysticWealth Options:
Our Current DD is at -14.48%. with a total return of 47.81% (8.03% CAGR). We are underperforming the buy and hold Nifty by -37.87%
Have a Great weekend!!!