The EFG GLOBAL PORTFOLIO Index Certificate was launched in March 2019 to replicate in an investable product the management and performances of MECHELANY ADVISOR’s Model Portfolio and allow investors to benefit from Mechelany Advisors’ Management.
It can be acquired through any bank using the ISIN Number. It has a daily valuation and liquidity and is denominated in US Dollars.
The EFG GLOBAL PORTFOLIO Index Certificate that we manage is now delivering +3.38 % net of fees since launch on 31st March 2019, an annualised performance of +14.22 % per annum.
Despite the volatile month of May 2019, the Certificate has recorded superior performances net of fees and lower volatility than the world indexes and is delivering performances in line with its management objectives.
Over the month of July 2019, we have considerably reduced exposure to equities, increased our exposure to Gold and Precious Metals and increase our short positions in the tech leaders as well as in the main US indexes.