WEEK that was
Smallcap index went up 4% this week. 200day moving average on Nifty is getting the respect for NOW!!. US markets are also bottoming out (although it’s too early to say as they are still in a proper bear market decline. All 03 (MWM, MWV and MMG did really well this week and outperformed their benchmarks).
Here is a weekly update on our strategies.
MWM gained 3.48% this week to close at 272.76% total returns. Our Overall outperformance to benchmarks is at 185.34%. The current Drawdown stands at –-11.11% We have averaged 26% CAGR since April 2017.
This week will have 1 Entry and 1 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.
We explained all that and more in our DECMA Presentation. The presentation is out of a pay-wall for all to see now.
Mystic Wealth value gained 2.66% this week. Our Overall return stands at 160.70% since inception which is 19% CAGR. We have 11% in cash. Strategy outperformance to benchmarks stands at 73.28%. Over the last 3 years, MWV has clocked 31% CAGR making it one of the best options in the industry!!
This week will have 01 partial Exit.
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 shot up 2.80% this week to close at 6.24% return so far. Portfolio is at its ATH (0% drawdown) Outperforming the benchmark is at 3.80%. This is a new smallcase with 70/30 Equity-Gold allocation.
Watch this video to understand the POWER of Asset Allocation in Momentum Investing.
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.