One Year Anniversary of Automation
In June we celebrated a 1-year milestone of re-opening this business to the public. As well as a 1 year of successful Automation trading. In this one year, our model investment vehicle – the High-Income Fund, generated 12 consecutive positive returns. In the 12 months under review, the model fund returned 83.5%. It averaged 5.9% monthly return.
Please note that Ellington’s total portfolio feared less than this result because we have some of our funds in lower risk levels. Having said this, the portfolio return of 65.1% annually is something we are grateful for.
Why is June’s return so low?
June’s return for the Model Fund was 1.5%. that is the lowest in 12 months. We have ultra-low volatility in the Market. The Market did not move! We can only take what the market gives us. We have no control over the market moves. We see this as a test of our system. We were disciplined and allowed the automated system to do its job. We did not try to force a trade by changing to manual or overly tweaking a working system. For those who started with us in June, please know that there are brighter months ahead. Also, any month that we return something positive, no matter how small, is a good month.
New Customers
We welcome some customers in June. We look forward to a good relationship with them. We are still welcoming customers, please feel free to let people know about this investment.
Clarity on Minimum Deposit
The minimum deposit remains 40K USD. It will go up to 100K in the future. Please note that due to regulatory reasons, we cannot accept less than 40K. The law allows us to only deal with qualified investors. Anything less than 40K will cause us a violation of the law.
Take care of Your Mental Health
Health is one of the pillars of the 5 elements of 5Mastery. You need good health to enjoy your money. Despite the pandemic, you should please pay attention to your mental health. Just try and find ways to laugh more and create more humor. It may be good to turn the TV off bad news and listen to Good News.
Thanks for entrusting your fund with us – we take it seriously.
Looking forward to a profitable July.
Team Ellington