COVID-19 Update
Michael Khouw
Investment Strategist, CNBC Business News Contributor, Published Author Former: '40 Act Portfolio Manager. Former member: New York Mercantile Exchange, American Stock Exchange, Philadelphia Stock Exchange.
Dear friends and colleagues,
I hope that you and your families are safe and healthy. Like much of the country our family is under shelter-in-place orders as I imagine many, if not most of you are. Since the Coronavirus (COVID-19) pandemic began to hit markets in earnest in late February, our existing investor partners and others have requested interim updates on the performance of our strategies during this volatile period.
To summarize both the SPX Adaptive Outperformance Strategy and the Adaptive Absolute Return II Strategy are positive on the year with live results of approximately 5.5% and 7.5% respectively as of yesterday's close.
We believe the performance of the strategies continues to demonstrate our technology and approach.
Best regards and please stay safe and healthy,
Michael Khouw
Financial Advisor at Altfest Personal Wealth Management
4 年Wow impressive.. what was the real alpha driver?
Board Member | Advisor to C-Level | Driving Growth & Strategy
4 年Congratulations, great job in this crazy market
Consultant at BDO
4 年Good Job Mike