Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Premium

Portfolio: Changes in Premium Momentum Portfolio – Apr 2020

premium@2x-min.png

It seemed like the month with no end. We did three rebalances through the month reducing equities first to 40% and then to 20% of the portfolio. At the same time, we added Gold and Debt and about half the portfolio in cash.

Chart shows performance for the month. Reducing equities and adding gold helped keep our drawdown to under half that of the overall market. We were down -13% when we did our last update on Mar 23rd, so we've regained just a little bit of lost ground. Nothing to get excited because we need to do +13 . . .

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial