Global Opportunities Beyond the Radar

Vistafolio Review: April 2023 — Successfully Combating Covid’s Ugly Shadow

 

Monthly, we update our wholesale investors on what’s happening in the market. Running what’s probably the only late-night trading desk from New Zealand, we’re well-positioned to feel the pulse of the market’s direction.

So, what stood out for John and me across April 2023?

Let’s start with the Covid shadow. This dreadful overhang that made investing difficult and disheartening across much of 2022:

This year, we appear to be turning a corner. April reinforces that. Our portfolios are well-positioned:

 

Vistafolio performance*

 

For the month of April 2023, we were up 4.47% across the composite portfolio (total aggregate return across all portfolios following the strategy).

This brings our return for the year to date so far (1 January to 28 April, 2023) to 7.85%.

Our average annualised return since inception is 15.78% p.a.

Please see our performance chart for more details.

 

Real estate

 

Clients have noticed (in their trade notes) that we’ve been buying a lot of real estate-based positions over the past 18 months.

Good reason for this. The fast-rising interest rates have put fear under listed property. Too much so. And that has given us a discounted buy price. In some cases, more than 50% below the last registered valuation.

While we wait, good dividends have been continuing to flow. Typically anywhere from 4% to 10%.

Over the next 6 to 12 months, we should see further growth in these positions. Providing the outlook for inflation continues to tame.

 

It’s time to have your say

 

I hope that you’ve enjoyed reading our analysis.

Your prosperity is our focus — which is why we are always working hard on adapting our investment strategy for the market ahead of us.

By the way, I have a small favour to ask:

So, if you’d like to leave us a review, it’s quick and easy. It will only take two minutes of your time.

 Please click here to review us now on Trustpilot.

Thank you so much in advance for your kindness and generosity.

Your readership and business keeps us going!

 

Regards,

Simon Angelo

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).

 


Exit mobile version