The Market Matters Global Macro ETF Portfolio Tracks our top 10 global macro calls, and provide avenues to trade them via ASX and internationally listed Exchange Traded Funds (ETF’s) – Click here to view
The MM Global Macro ETF portfolio had a strong week up +3.98% while cash sits at 10%. The Asia Technology Tigers ETF (ASIA) the main driver up +13.19% with more gains expected today, while the Sprott Physical Uranium Trust (U.UN.TSE) also rallied by +7.59% . The only real weakness of note came from the Proshares Ultra Euro ETF (ULE US) which fell -2.19%.
As a refresher, we are long the following themes:
– Lithium & Battery Technology (ACDC)
– Asia Technology (ASIA)
– The Australian Dollar versus the USD (AUDS)
– Agricultural Commodities (DBA US)
– Emerging Markets (IEM)
– Global Gold Miners (MNRS)
– Physical Uranium (U.U CN)
– Euro versus the USD (ULE US)
– European Equities (VGK US)
