Objective
February 14
Benchmarks
To outperform standard
aggressive portfolio
construction, using acute
economic and political
research to account for
global macro developments.
January 27th: Partially replaced open long OIL position with short JJC (iPath Dow Jones UBS
Copper Total Return ETN) (i).
Adjusted benchmarks to better reflect exposure of the portfolio. Shifted from 50% IVV = S&P
500 and 50% AGG = Barclays Aggregate Bond fund to the following:
o 70% MSCI All Country World Value Index
o 30% JP Morgan Global Aggregate Bond Index
Separated underlying macro strategy from total portfolio for individual return and performance
measurement. Addition of new benchmark:
o HFRX Macro/CTA Index
(i) http://rationalcapitalistspeculator.tumblr.com/post/74707916896/rcs-investments-global-macro-fund-aggressive-position
Portfolio Breakdown
As of February 21, 2014
Symbol
SPY
DTYL
IVW
OIL
EZU
EEM
JGBS
FXE
CHIX
FXY
JJC
FRAK
Last price
Shares Avg. Execution Price Cost basis
Mkt value
Gain
Gain %
$183.96
2035
$184.13 $374,714.55
$374,216.20
($355.95)
$67.95
2445
$64.69 $158,167.75
$166,137.75
$7,970.00
$99.58
487
$98.55 $47,994.11
$48,495.46
$501.35
$24.09
1735
$23.13 $40,129.21
$41,796.15
$1,666.94
$41.70
773
$41.39 $31,996.74
$32,234.10
$237.36
$39.43
577
$41.62 $24,013.20
$22,751.11
($1,262.09)
$18.83
830
$19.40 $16,101.25
$15,628.90
($472.35)
$135.71
-470
$135.71 $63,783.70
($63,783.70)
$192.10
$12.12
-4230
$12.12 $51,267.60
($51,259.10)
$4,727.60
$95.17
-172
$95.17 $16,369.24
($16,369.24)
($366.04)
$39.69
-392
$39.69 $15,558.48
($15,558.48)
$25.28
$28.69
282
$28.49
$8,032.90
$8,090.58
$57.68
Cash
Initial Portfolio Value
450013
$1,000,000.00
-0.09
5.04
1.04
4.15
0.74
-5.26
-2.93
0.3
9.22
-2.24
0.16
0.72
Overall Return
-0.09
5.04
1.04
2.26
0.74
-5.26
-2.93
0.3
9.22
-2.24
0.16
0.72
Overall Return:
1.24%
$450,013.11
Current Portfolio Value
$1,012,392.84
Disclaimer: Please first consult your financial advisor for all important investment related decisions
Jan
19-Feb
-------
-------
-------
-------
-------
-------
-------
-------
-------------
-------
Apr
-------
Mar
-------
-------
-------
-------
-------
-------
May
-------
-------
-------
-------
-------
-------
Jun
-------
-------
-------
-------
-------
-------
Jul
-------
-------
-------
-------
-------
-------
Aug
-------
-------
-------
-------
-------
-------
Sept
-------
-------
-------
-------
-------
-------
Oct
70% in MSCI All Country World Value Index; 30% JP Morgan Global Aggregate Bond Index
HFRX Macro/CTA Index
1 Yr Equivalent from 10-Yr Yield on 12/31/13 = 3.0282%
1.41
2.75
0.51 1.92
(0.14) (0.27)
(1.79) 1.50
(3.59) (0.47)
(0.73)
1.99
Performance metrics
Returns in %
-------
-------
-------
-------
-------
-------
Nov
-------
-------
-------
-------
-------
-------
Dec
1.41
2.75
1.92
(0.27)
1.50
(0.47)
1.48
2.53
1.31
(1.23)
1.28
(0.20)
YTD
Performance
Disclaimer: Please first consult your financial advisor for all important investment related decisions