WEEK that was
The broader market showed resilience this week while the Nifty took a rest and consolidated. IT as a sector looks fragile down this week and down this year. Auto on the other hand is definitely a sector of the week and the year. All our Strategies did well. Both #MMG and #MWV hit their All time highs. #MWM is still showing a drawdown of 13%
Here is a weekly update on our strategies.
MWM gained 2.21% this week to close at 260.94% total returns. Our Overall outperformance to benchmarks is at 171.08%. The current Drawdown stands at –13.93%. We have averaged 26.26% 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.
Is this the right time to invest in #MWM.
Listen to this presentation to know the answer.
Mystic Wealth value gained 3.55% this week. Our Overall return stands at 158.93% since inception. Which is 18.86% CAGR. We have 13% in cash. Strategy outperformance to benchmarks stands at 69.07%. MWV on smallcase has delivered a 30% CAGR return in the last 3 years.
This week will have 01 Exit in #MWV Smallcase and 2 Entries.
MMG has gained 1.33% this week. 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 Oct. This is a monthly rebalance strategy.
The Annual subscription of MMG is Rs 6500/ only.
Watch this video to understand the POWER of Asset Allocation in Momentum Investing.
Discount for existing members.
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