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Ubique | October 2020 Update

Updated: Nov 5, 2020

As October drew to a close, and the Portfolio goes to cash to rebalance itself into the Nov-Apr stint, we saw a loss on the month of -1.22%, putting the 6 month stint at +5.31% return with a YtD return of +7.10%. This, when compared to the SPY (+2.94%) or the traditional 60/40 portfolio (+4.40%), Ubique has weathered the global pandemic and its ramifications to the markets remarkably well. Not to say that we are through the woods yet, but so far, so good and has beaten all laid down benchmarks.



After going to cash on Friday (30th Oct), we have taken the unprecedented step of not going back into the markets on the first trading day of November, but instead have remained in cash until next Monday. This is due to the upcoming US election and the potential volatility the markets could experience during this unprecedented time. As such, the prudent action is to wait an extra week before entering back in to the markets. When we do, the positions we will be holding will expose the fund to the S&P500 index, the technology sector, and gold.

Looking forward, historically Nov-Apr in an election year is the most bullish time for the markets. This being said, with such a unique election scenario being presented and a global pandemic, there is no way of knowing if this trend will hold up this time round. As always though, we will execute our process as prescribed, and monitor the results, closely.

In addition, we are currently exploring a new layer of risk management which looks at the correlation between all three of the strategies to see if there is any useful information which will allow us to help better control our risk. Any developments will be fully explained both in our next monthly update email, as well as the Podcast.

The brochure/prospectus has been updated for the latest stint and is available to download from our website. This document will only be updated twice a year, due to the labour required to produce it, although the website will be updated monthly, as usual.

Finally, we will soon be in a position where we will be looking for potential partners to join Willow Oak Advisory, with an equity stake up for grabs, as we look to go to market and raise AUM for the fund. If you are interested in finding out more, please give us a shout.

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.