Portfolio Update: October 2023!

The global financial markets are ready for a shakeout as we enter unchartered territories with heightened geopolitical uncertainties and a likely end to the AI euphoria.

Since the beginning of the year, we have been transparent regarding our portfolio and intimating our paid subscribers in real-time on the portfolio updates.

Furthermore, our Thematic Investing bets have been big outperformers and hovering around all-time highs despite the major equity markets entering correction territory.

Though there have been some misses, firm conviction and prudence risk management (position sizing) have led us to generate significant alpha.

October has been a blockbuster month for our portfolio due to our recent positions.

As of yesterday, our Global Macro Portfolio is up more than 200 bps from the traditional 60: 40 portfolio (60% in MSCI World and 40% in US Bloomberg Aggregate).

PS: The returns are inclusive of dividends.

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Equities!

Overall equity performance has been robust due to timely booking profits in Japan, Brazil, HDB and Mexico.

Furthermore, our short position on NDX is now rewarding us with some handsome results, and thus, we are outperforming our benchmark by a wide margin.