A new way of life?

Looking at funds and macro

It’s been a while since I’ve posted on here. Due to my job as an investment manager I was no longer allowed to talk stocks, which I felt had destroyed my whole premise. But, I can still talk funds and macro right…..

Anyway, no more stocks and the last time I wrote a blog Keywords was 9% of my portfolio, that was pre takeover. So, small victory lap and closing of that story and me talking stocks.

Macro…. Where am I on that? The bull market has gone crazy, globally, but especially in the US where the valuations at the top feel eye watering. This has 2021 written all over it… or does it?

The valuations down below, small and mid cap (smids), seem to have been left behind whilst the large caps are hitting regular highs.

So, how do I access the market, without having over exposure to the likes of Microsoft and Nvidia (especially Nvidia, bubble territory!). For me, Premier Miton US opportunities provides me with a one stop shop to that area of the market I am seeking exposure.

This is an all cap fund, but tends to fish in the value pool and therefore lower down the market cap spectrum. Yes it holds visa and some large caps, but Vulcan materials, graphic packaging? This is exposure I want without knowing how to do it myself. Exposure to industrials and financials gives me some bring different and an area of the market I think looks attractive and can do well regardless of tech falling off a cliff, if it does.

It does lag in these runs, only up 5% YTD against a benchmark of 7%.

But 2020 shows what is possible, up 23% against 16% and only falling 4% in 2022 against the markets 10%.

This is my safe haven in what I believe is a higher risk market.

That’s my fund pick for today, I’ll be back with more. DM me, message me and keep in touch. Investing is about community and I’m going to come from an angle that doesn’t get the attention it deserves