Our European portfolio again performed exceptionally well during the last month. The STOXX600 continued its downward trend and dropped 460 basis points, from a YTD return of 6% at the start of month to only 1,6%. Our portfolio performed significantly better and recorded a drop in YTD profit of only 100 basis points, from 24,6% to 23,6% This brings YTD alpha to 22,
an increase of 340 basis points compared to last month. What does that mean? It means that the index lost all its profits for the year while our portfolio is still at a gain of 23,6% YTD!
In the US it has been more challenging. The S&P recorded a drop of 260 basis points in September and now shows a YTD loss of -6,8%...[more]
From now on, your favourite value investing screener and newsletter will be marketed under the valuesignals brand name. The designers at Chilli created a cool new logo and we hope you will like it.
We also took the opportunity to convert our entire site to https, making your interactions with the site more secure and protected...[more]
The month of June has been quite volatile. It started with a
continued stand off between Europe and Greece. The Stoxx
600 dropped from a high of 400 on the 23rd of June to 373 on
July the 8th. The Greek government finally capitulated and the
index rose to a high of 407 on the 20th of July. The index
finished the month at 400...[more]
The month of June was quite volatile but our portfolio put down a very strong performance. TWR (on 26/6) increased from 28,8% to 30,8%, an increase of 200 basis points. During the same period the STOXX600 dropped 80 basis points from 26,7% to 15,9%. YTD alpha is 14,9! The US portfolio YTD return declined slightly from 3,9% to 3,8%, a drop of 10 basis points. During the same period the S&P YTD return also declined from 2,4% to 2,1%...[more]