In a month that saw the MSCI World Equity Index fall by -6.08 % and the MSCI Emerging Market Index lose -7.53 %, the EFG GLOBAL PORTFOLIO Index Tracker that we manage only lost -2.42%, outperforming strongly the main benchmarks and demonstrating far less volatility.
As we correctly anticipated the correction, our hedges, our short positions in US tech stocks, our short position on oil and our long positions in soft commodities all delivered positive contributions to the portfolio and contained the downside.
We took advantage of the correction to build our exposure to extremely cheap equities in China and in Emerging Markets.
We expect a strong rebound in equities in June / July.
FACTSHEET 31 May 2019
Download the Factsheet in PDF format
The EFG GLOBAL PORTFOLIO Index Certificate was launched by the world renowned financial group EFG and promoted by Chandler Asset Protection limited to replicate the management of Mechelany Advisor’s Model Portfolio.
It is in fact the ONLY instrument allowing investors to benefit from Mechelany Advisors management and investment process through a convenient Swiss Securities traded daily in US dollars.
Mechelany Advisor’s Model Portfolio delivered in excess of 20 % per annum over the past 5 years, using an exhaustive analytical and investment process. The ability of Mechelany Advisors’ research to identify value and turning points in asset classes and individual instruments has been demonstrated many times.