Entries by Frank Grossmann

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 […]

Newsletter end of October 2020

For the month of October 2020, the Enhanced Permanent Portfolio account lost -1.39%.October was a difficult month, with all major asset classes going down. The Stoxx600 dropped -5.2% and the S&P500 was down -2.5%. Unfortunately also our safe haven assets declined, with Gold declining -0.5% and Treasuries declining -3.4%. This decline of all major asset […]

Newsletter end of September 2020

For the month of September 2020, the Enhanced Permanent Portfolio account returned net -0.16% which however was still much better than equity performance. In September only Treasuries showed a +0.77% positive performance. Gold (-4.17%) and the S&P 500 (-3.74%) had negative performances. Altogether, the base Permanent Portfolio ETF based strategy had a -1.6% negative performance […]

Newsletter end of August 2020

For the month of August 2020, the Enhanced Permanent Portfolio account returned net -0.54%. Gains in Equity got overcompensated by weakness of the US Dollar, and increasing volatility in fixed income, equity, and gold derivatives. For the coming month, we are maintaining the allocation and implementation method. Your Rational Invest TeamWalter Baumann / Frank Grossmann […]

Newsletter end of July 2020

For the month of July 2020, the Enhanced Permanent Portfolio account returned net 2.49%. The strategy succeeded in compensating for the significant weakness of the US-dollar, which would have reduced the performance of dollar-denominated products in the month under review, by means of partial hedges. The S&P 500 volatilities are still high at “25”. This […]