Fund Performance

Fund Performance Report – 31 January 2019 – Does it Hurt Yet?

I wish I could bring you good news for the month....but the hard slog continues in the diversified systematic trend following/ momentum camp. Not to say that there weren't some solid performances in the group, but the index as a whole took another nose dive retreating a further 2.81% into the red for the month. This brings the current drawdown for the Index to 13.18% which still has a way to go to reach max drawdown levels of 15.83% reached in September 2013, but still........let's be honest......we are having a difficult trot at the moment.

Fund Performance

Fund Performance Report – 31 December 2018 – “Oh well….that was exhausting – What will I tell the wife? “

Well thank heavens that 2018 is over. There were ups... downs....whipsaws....phantom bonanzas....you name it. That is as much as I would like to say about it in general....but  the point I would like to make for 2018 is .....does a year really matter in the context of my heady aspirations of wealth building while swinging in this hammock?

Fund Performance

Fund Performance Report – 30 November 2018 – “It’s all Relative………My Dear Watson!!!

While offering nothing to crow about, a flat return from the systematic trend following funds  for the month is certainly a welcome result considering equities represented by the S&P500 TR Index (Total Return) plummeted 7.7% in November which added to the pain of Septembers plunge bringing the S&P500 TR Index to a 12.2% drawdown from it's equity high in August 2018. 

Fund Performance

Fund Performance Report – 31 October 2018 – “Yowzer…….we just got dumped”

October 2018 has tested the resolve of trend followers where we have suffered a similar fate to February 2018 and have witnessed a fairly nasty whipsaw in Energy, Fixed Income and Equity markets. Given that we had just caught the waves of September's volatility surge....all our hopes for the emergence of some good enduring swells in our direction  were shattered as mean reversion started to enter the mix as markets rebounded sharply from their maximum adverse excursions resulting in some crazy double-up formations and some spectacular wipe-outs.