WEEK that was
August expiry came to an end and it was wild. Nifty first saw a move of 1400 points and then gave away some in last week to close below 17600. IT was down this week and looking at the nasdaq price action. it seems will take a further beating next week, All 03 Mystic Wealth strategies did well despite all this sectoral change and volatility. #MWV is 2% away from its ATH. #MMG has already recovered its 11% drawdown and #MWM gained 2% this week.
Here is a weekly update on our strategies.
MWM gained 2.03% this week to close at 253.12% total returns. Our Overall outperformance to benchmarks is at 163.06%. The current Drawdown stands at –15.79%. We have averaged 25.86% 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.
Is this the right time to invest in #MWM.
Listen to this presentation to know the answer.
Mystic Wealth value gained 2.17% this week. Our Overall return stands at 150.07% since inception. Which is 18.18% CAGR. We have 13% in cash. Strategy outperformance to benchmarks stands at 60.00%. MWV on smallcase has delivered a 30% CAGR return in the last 3 years.
This week will have 01 Exit in #MWV Smallcase and 0 Entry.
MMG has gained 10% in last 01 month and has totally recovered the last ground. The current drawdown is at 0% This is a new smallcase with 70/30 Equity-Gold allocation. Next rebalance update will be pushed on 1 Sep. This is a monthly rebalance strategy. Data for the Graphs is too less to make any sense.
The Annual subscription of MMG is Rs 6500/ only.
Watch this video to understand the POWER of Asset Allocation in Momentum Investing.
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