November Return: 7.52%
2020 Return to Date: 15.16%
Stint Return (Nov-Apr): 7.52%
November saw our first month after our rebalance and switch into a more aggressive stance within the fund overall. As such, the month returned a very healthy 7.52% to the fund, kicking off this stint until April. Broken down, our Sell in May Strategy which is now holding the markets notched up 22.51%, the Seasonal Sector Rotation strategy which is holding Technology put 11.38% on the board, and the Golden Ratio strategy lost 11.34%.
This spread of allocation across the three strategies allows for the portfolio to absorb hits like the Golden Ratio returned and forms part of our risk management model. In addition, we are constantly monitoring the correlation between all three strategies looking at ways to help ensure they don't lockstep.
In May 2019 we saw our oscillator for our Golden Ratio strategy switch from the markets to gold. It held in that direction ever since. At the end of November, our indicator switched back again. For the time being, we are sill in gold however, as there are other things which we look at before moving over, but if this persists, then come January we may be out of gold completely in the portfolio, having taken fantastic profits in the region of 50% since we started holding it last July.
In other news, we have a exciting announcement to make later this month, which will bring Willow Oak Advisory and the Ubique Fund striding forward in many positive ways. We will most likely make the announcement via the monthly PodCast, with full details in next months mailer update.
Also, we have now opened the fund to outside money. We are capping the total raise to $10m USD for this initial release with all round one investors also receiving equity of Willow Oak Advisory as well!!! If you would like to know more about this, please get in contact with us for a chat. This applies to investors and Introducers/feeders.
That's about it for this month, keep an eye out for the podcast to hear about the announcement we are due to make this month which will have a massive impact on everything we are doing here!
As always, if you have any questions, queries or comments, feel free to get in touch.
For more in depth analysis, everything is on the website for inspection (www.willowoakadvisory.com/ubique).
Until next time, stay safe and swing easy.