Vistafolio is Wealth Morning’s Managed Account solution for Eligible and Wholesale Investors. Once a month, we update account holders on the strategy and performance. Please find our latest update as follows:
I stopped to chat with a friend on the way to the ferry. Her son and grandchildren live in Europe, just down the way from where I used to live. She was telling me she could not make the annual visit this year — or perhaps even next. ‘It has been a hell year,’ she says.
I feel for her. And friends in Britain about to go into another one-month lockdown this week. And once again, with the US election around the corner, we are set for more volatility. A rough ride at the trading desk.
October has been a month of holding on and buying value where we can see it without excess risk.
This month, we are up 0.07% gross for the month across the composite portfolio (total aggregate, weighted return across all significant portfolios following the strategy). This brings our return since inception to 14.17% p.a.
Please see our performance chart for more details.
Investing in this environment depends on your risk profile.
For those willing to deploy funds on the hope of a vaccine and recovery within the next year or so, we could well see some investments in this aftermath double.
Editor, Wealth Morning
Past performance is not an indicator for future performance. Your actual portfolio will differ from the composite portfolio mentioned. The information contained in this document does not constitute an offer to sell or a solicitation to buy an investment, nor should it be construed as investment advice. Vistafolio investment services are available to Eligible Investors and Wholesale Investors (not to Retail Investors) as defined in the Financial Markets Conduct Act (2013).