I’ve changed the name of the Alternative Asset portfolio to better reflect it’s focus. With the somewhat recent addition of deep-value and special-situation stocks, it has become more closely correlated with the Hedge Fund universe.
Also, some of my better ideas have come from Hedge Fund managers, so perhaps this change in terminology will better convey the strategy.
Although I’ll be updating the performance numbers for all of our models at the end of the quarter, the Hedge Portfolio performance is as follows through 2/21/2013:
Since inception 5/26/2010: +17.00%
One year: +6.46%
YTD: +1.69%
Top 5 Holdings and their weights:
- Powershares DB G10 Currency Harvest Fund: 10%
- Grant Park Managed Futures Fund: 10%
- Permanent Portfolio: 10%
- iShares Silver ETF: 10%
- Primero Mining Corp: 9%
| Symbol | Security | Last Trade | Weight | PercentGain or loss Since Purchase | |||||
| DBV | POWERSHARES DB G10 Currency Fund | $26.87 | 10.09 | 14.74% | |||||
| GPFIX | Grant Park Managed Futures | $9.38 | 9.87 | (3.19%) | |||||
| PRPFX | PERMANENT FUND | $48.44 | 9.82 | 19.52% | |||||
| SLV | ISHARES SILVER TRUST | $27.70 | 9.44 | 32.73% | |||||
| PPP | PRIMERO MNG CORP | $5.72 | 8.66 | 19.76% | |||||
