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.