WEEK that was
Finally, The correction is Upon us. While Nifty cracked 2%, the broader indices fell twice as much. Our strategies fell in tandem shedding some extra fat accumulated over last 02 years.
Here is a weekly update on our strategies.
MWM website lost 5.29% this week to close at 296.77% returns since inception. Our Overall out performance to benchmarks is at 200.69%
The current draw down is at -5.39%
This week will have 1 Exit and 1 Addition 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.
Smallcase is up 106.48% year on year. You can download the smallcase excel sheet from here
#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.
Watch this Webinar we did explaining MWM philosophy in detail.
Please note that MWM smallcase and MWM website have separate set of stocks now and therefore performance would be different. Please find below MWM smallcase graph.
Mystic Wealth value was down 3.78% this week. Our Overall return stands at 135.80% returns since inception. Which is 20.35% CAGR. We have 12% still in cash. Strategy outperformance to benchmarks stand at 37.29%
This week we will Sell HALF position in IEX. (Profit 276%). Proceeds move to Liquid Bees (17%)
Here is a MWV smallcase graph.
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
Watch This webinar where he explains the entire concept in easy to understand language.
We Ran a Tweet storm this week explaining the Power of ASSET allocation. How a combination of MWM/MWV and Gold, reduces the drawdowns by half without compromising on returns that much.
Have a look.
Here is an example to understand how Asset Allocation works.
Let us say , u were Invested in #MWM as 100% of your equity. This is what you went through. from April 2017 to 13/Oct-2021
38% CAGR with 25% MDD
Smallcase data. Website data is little different. (36.5% CAGR, 28% MDD pic.twitter.com/HJaR2F6P01
— Mystic Wealth (@MysticWealth11) October 15, 2021
#MWO. MysticWealth Options:
MWO is a Risk defined Option writing Model portfolio aimed at generating income from idle (cash/pledge). We aim to generate 18-25% annual return with around same drawdowns.
Our Current DD is at 18.43%. with a total return of 40.98% (7.70% CAGR)
You can know more about MWO here.
Have a Great weekend!!!