WEEK that was
IT and Pharma showed some resilience this week but all other indices and sectors corrected as US markets are in a grip of a downtrend. Nifty is dancing close to its 200-day moving average.
Here is a weekly update on our strategies.
MWM lost –2.28% this week to close at 260.23% total returns. Our Overall outperformance to benchmarks is at 175.19%. The current Drawdown stands at –14.10% We have averaged 25.80% CAGR since April 2017.
This week will have 3 Entry and 3 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.
To understand how Momentum Investing works in the long run and how drawdowns are part of the game, please spare some time and watch this in-depth conversation
Mystic Wealth value lost -2.10% this week. Our Overall return stands at 153.95% since inception which is 8.65% CAGR. We have 11% in cash. Strategy outperformance to benchmarks stands at 68.90%. Over the last 3 years, MWV has clocked 30% CAGR making it one of the best options in the industry!!
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 and management change 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
MMG was down -0.93% this week. Current drawdown is at a –-2.34%, Outperforming the benchmark by2.32%. This is a new smallcase with 70/30 Equity-Gold allocation. Data for the Graphs is too less to make any sense.
This Month will have 3 changes.
Watch this video to understand the POWER of Asset Allocation in Momentum Investing.
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