Mechelany Advisors’ MODEL PORTFOLIO has been running in a fully transparent way since January 1st 2014. Its Purpose is to implement the conclusions of our research analytical process in a portfolio managed using institutional liquidity, diversification, risk management and asset allocation processes. In our TRANSACTION UPDATES we keep our readers informed in real time of the transactions in our MODEL PORTFOLIO
Today, we continued to de-risk our Model Portfolio by taking profits and selling our last two positions Novartis and Roche in Switzerland, on our BIOTECH ETF in the US and our Chinese domestic equities Leveraged ETF.
We also added to our short position on the Nasdaq as we are of the view that we have reached a significant top and are entering a sharp correction in global equities very soon.
New Asset Allocation
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