January 10, 2024 Trades

Today's Speculative Portfolio Trades

Despite the sharp pullback in Markets to kick off the year, the Speculative Portfolio remains up +19.4% since inception November 6th, 2023. The return is somewhat underwhelming compared to its lower risk peers (the medium risk portfolio and the low risk portfolio) as well as the growth portfolios which are the flagship funds for the moment and likely for the foreseeable future.

The Speculative Portfolio's gross exposure has been maintained at approximately 120% (equivalent to 20% leverage above the actual capital). The aim was to achieve 140% gross exposure in favorable conditions, such as during a bull market or at a potential turning point. Today, I increased the portfolio’s exposure from 120% to 125% through the following transactions (see below).