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 added +2.1% last week with our exposure to tech via Asian Tech (ASIA) +7.9% and the NASDAQ ETF 100 (NDQ) +6.1% finally leading the line while the Invesco DB Agricultural Fund (DBA) -2.1% was the only position which declined.
As touched on last week MM is looking to “tidy up” a few positions at better levels over the coming months and we are seeing signs emerging that this is unfolding according to MM’s roadmap. Our main focus recently has been towards what / where we want to exit a couple of existing positions, moving forward we are now going to start delving into what comes next.
