Entries by Frank Grossmann

Newsletter end of August 2021

For the month of August 2021, the Enhanced Permanent Portfolio strategy-account added +2.58% while the 100% equity ACWI index (All Country World Index) was up by +2.17% and Europe (Euro Stoxx 600 index) added +1.98%. Treasuries lost -0.4% and Gold -0.1% Your Rational Invest TeamWalter Baumann / Frank Grossmann / Thomas RitterTel +41 79 306 […]

Newsletter end of July 2021

For the month of July 2021, the Enhanced Permanent Portfolio strategy-account added +3.4% while the 100% equity ACWI index (All Country World Index) was up by 0.9%. Europe added 1.97%.As it can be seen in the below monthly chart, the EPP (blue line) only had about half the volatility than major equity indexes, because of […]

Newsletter end of June 2021

For the month of June 2021, the Enhanced Permanent Portfolio strategy-account added +0.84% while the 100% equity ACWI index (All Country World Index) was up by 1.26%. While Equity and Treasuries performed well, Gold was down -6%. Volatilities came down to low pre-covid levels indicating that investors don’t see any immediate market risks during this […]

Newsletter end of May 2021

For the month of May 2021, the Enhanced Permanent Portfolio strategy-account added +1.74% which was better than the 100% equity ACWI index (All Country World Index) which was only up by 1.47%. The significant difference however was the much lower volatility of the EPP strategy with a max drawdown of 1.34% versus 3.83% for the […]

Newsletter end of April 2021

For the month of April 2021, the Enhanced Permanent Portfolio strategy-account added +2.48%.In April, Gold (+3.5%) and Treasuries (+2.5%) finally stopped their huge decline they had since last summer. Equity had a good month with the S&P500 up +5%. Your Rational Invest TeamWalter Baumann / Frank Grossmann / Thomas RitterTel +41 79 306 11 60 […]

Newsletter end of March 2021

For the month of March 2021, the Enhanced Permanent Portfolio strategy-account lost -0.61%.In March, Gold (-1.15%) and Treasuries (-5.25%) continued to decline. Equity had a very good month with the S&P500 up +4.5%. Year to date Treasuries are now down by -13.9% and Gold down -10.35% while the S&P500 is up +6.35%.It is important to […]

Newsletter end of February 2021

For the month of February 2021, the Enhanced Permanent Portfolio strategy-account lost -1.17%.February, Gold and Treasuries continued to decline, and both are now down by about 10% since beginning of the year. The good equity and premium returns could not fully compensate this draw down. Gold and Treasuries are now both down about 20% since […]

Newsletter end of January 2021

For the month of January 2021, the Enhanced Permanent Portfolio account lost -1.8%.January was a difficult month with all three asset classes declining. Treasuries declined -3.49%, Gold -2.86 and Equity (S&P500) -0.8%. This translated in a loss of 2.4% for the underlying strategy. Option premium income added a positive +0.6% to that loss so that […]

Newsletter end of December 2020 (full year report)

For the month of December 2020, the Enhanced Permanent Portfolio account added 2.09% and ended the year 2020 with an excellent performance of 19.74%Even more important than this performance was the exceptionally low volatility or risk of the strategy during this very volatile year. Below you can see the Interactive Brokers Risk Analysis which shows […]

Newsletter end of November 2020

For the month of November 2020, the Enhanced Permanent Portfolio account added 3.07%.November was an incredible month for equity with performances of more than 10% for most developed markets. After the US elections, investors felt more secure and continued the rotation away from safe haven assets (Gold and Treasuries) into riskier equity. General market volatility […]