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 slipped -4.2% last week with MM’s exposure to agriculture via the (DBA US) +2.7% and Asian Tech (ASIA) +0.8% our best performers while our positions in the Uranium Trust (U-U-CN) -13.3% and the Australian Dollar (AUDS) weighed on performance.
As touched on last week MM is looking to “tidy up” a few positions at better levels over the coming weeks / months, ideally we will reduce our exposure to equities into a bounce over the coming weeks while we are also monitoring our inflation linked positions through gold (MNRS) and agriculture (DBA US) although the later still looks capable of making fresh highs for 2022.
