Monday, December 31, 2012

Long-Trading Portfolio Update for Week Ended 12/28 and Year-End

For week ended 12/28, which included the Christmas holiday, the Long-trading portfolio dropped by 80 basis points (bps) versus a 194 basis point loss on the S&P 500. The loss experienced was largely due to a decline in the price of coal stocks partially offset by a short position on the market.

graph of fund vs. market indexes
As for the year-end,the portfolio has gained more than 13 percentage points since inception, besting the performance of the S&P 500 by 1400 bps over the similar time period.

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