AWARD successfully maneouvered through the calm seas this month. Funds make their money during the turbulent times though, so it wasn't easy to turn a profit. Playing the news and short bleeders sustained the fund through the slow days/weeks. By the end of the month, momentum picked up with correct holdings on TED2, and TED2.OW; respectably averaging just over 1%/day (~500K) - a $22/share increase on your investment.
The start of July brings with it TERM5 and MNION, so there is potential for initial future gains before another dry period. My goal will be to delist within the next couple of weeks, and letting the fund rest through the summer; relisting in September when my life slows down again (and investment oportunities return).
Here's the final tally for June 2015:
Positions |
Security |
Shares |
Value |
|
|
|
|
308 |
MovieStocks |
14,509,759 |
$ 61,969,783.12 |
|
|
|
|
129 |
StarBonds |
280,130 |
$ 15,106,768.69 |
|
|
|
|
8 |
Derivatives |
439,831 |
$ 15,019,027.76 |
|
|
|
|
445 |
|
Total Investment |
$ 92,095,579.57 |
|
|
|
|
|
|
Cash |
$ 34.79 |
|
|
|
|
|
|
Share Value |
$ 92.10 (+22.88) |
|
|
|
|
|
|
Droi (Month) |
1.10% |
|
|
|
|
|
|
|
|
|
|
|
|
Progress |
Date |
Days |
Value |
+/- per day |
+/- this month |
+/- per day Avg |
Total Gain/Loss |
%Gain/mth |
13-Feb-15 |
0 |
$ 19,818,081.00 |
|
|
|
|
|
01-Mar-15 |
16 |
$ 27,882,564.57 |
$ 504,030.22 |
$ 8,064,483.57 |
$ 504,030.22 |
$ 8,064,483.57 |
40.69% |
01-Apr-15 |
47 |
$ 40,263,729.42 |
$ 399,392.41 |
$ 12,381,164.85 |
$ 435,013.80 |
$ 20,445,648.42 |
44.40% |
01-May-15 |
77 |
$ 49,490,928.59 |
$ 307,573.31 |
$ 9,227,199.17 |
$ 385,361.66 |
$ 29,672,847.59 |
22.92% |
01-Jun-15 |
108 |
$ 69,211,162.12 |
$ 636,136.57 |
$ 19,720,233.53 |
$ 457,343.34 |
$ 49,393,081.12 |
39.85% |
01-Jul-15 |
138 |
$ 92,095,672.11 |
$ 762,817.00 |
$ 22,884,509.99 |
$ 523,750.66 |
$ 72,277,591.11 |
33.06% |