Global Macro ETF Portfolio
For those looking to invest in our top macro calls via ETFs
About the Portfolio
The Market Matters Global Macro ETF Portfolio is designed to track our top 10 global macro calls, and provide avenues to trade them via ASX and internationally listed Exchange Traded Funds (ETF’s)
Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y pa | Inception pa* |
---|---|---|---|---|---|---|
Global Macro ETF | -0.24% | 7.19% | 20.17% | 28.87% | - | 14.81% |
Target 10% | 0.83% | 2.50% | 5.00% | 10.00% | - | 10.00% |
Difference | -1.07% | +4.69% | +15.17% | +18.87% | - | +4.81% |
COMPANY CODE | STOCK NAME | WEIGHT (%) | RISK | TIME HORIZON | ENTRY DATE | ENTRY PRICE ($) | LAST PRICE ($) | DIVIDENDS ($) | GAIN / LOSS (%) |
---|---|---|---|---|---|---|---|---|---|
AUDS | BetaShares Strong Australian D | 10 | High | Medium | 03/07/2019 | 11.76 | 11.02 | 1.16 | 3.57 |
BNKS | BetaShares Global Banks ETF - | 10 | Moderate | Medium | 25/10/2019 | 6.65 | 6.5 | 0.07 | -1.2 |
DBA US | Invesco DB Agriculture Fund (USD) | 6 | Moderate | Medium | 25/02/2020 | 15.62 | 17.29 | 10.69 | |
ETPMAG | ETFS Metal Securities Australi | 10 | Moderate | Medium | 12/08/2020 | 32.13 | 30.67 | -4.54 | |
IEM | iShares MSCI Emerging Markets | 10 | Moderate | Short | 25/10/2019 | 63.23 | 70.07 | 2.24 | 14.36 |
QQQ US | Invesco QQQ Trust Series 1 (USD) | 10 | Moderate | Medium | 22/09/2020 | 270 | 340.6 | 0.56 | 26.36 |
VGK US | Vanguard FTSE Europe ETF (USD) | 10 | Moderate | Medium | 11/11/2020 | 58.05 | 65.29 | 0.38 | 13.13 |
VXX US | iPath Series B S&P 500 VIX Sho (USD) | 5 | Moderate | Short | 8/04/2021 | 10.77 | 10.09 | -6.31 |
Company code | STOCK NAME | WEIGHT(%) | RISK | TIME HORIZON | ENTRY DATE | ENTRY PRICE ($) | CLOSE PRICE ($) | DIVIDENDS ($) | GAIN / LOSS (%) |
---|---|---|---|---|---|---|---|---|---|
FUEL | Betashares Global Energy Compa | 10 | High | Medium | 22/04/2020 | 3.25 | 4.25 | 0.13 | 34.77 |
COPX US | Global X Copper Miners ETF (USD) | 10 | Moderate | Short | 10/03/2021 | 17.73 | 36.39 | 0.45 | 107.78 |
TBF US | ProShares Short 20+ Year Treas (USD) | 10 | Moderate | Medium | 10/03/2021 | 17.56 | 17.65 | 0.04 | 0.74 |
SVXY US | ProShares Short VIX Short Term | 10 | High | Short | 3/12/2020 | 30.19 | 41.16 | 36.34 | |
SLVP US | iShares MSCI Global Silver Miners | 5 | Moderate | Medium | 28/05/2020 | 11.35 | 12.01 | 0.19 | 7.49 |
QQQ US | Invesco QQQ Trust Series 1 | 5 | Moderate | Medium | 22/05/2020 | 204.89 | 228.87 | 11.70 | |
GDX | Vaneck Vectors Gold Miners | 7.5 | Moderate | Medium | 25/02/2020 | 35.84 | 46.72 | 0.23 | 31.00 |
SH US | ProShares Short S&P500 | 8 | High | Medium | 25/02/2020 | 26.44 | 23.99 | 0.2 | -8.51 |
Opinions for positions held in the Global Macro ETF Portfolio
BetaShares Global Banks ETF (BNKS) $6.50
MM has maintained confidence in the banks for the last 18-months through not locking in a loss during the pandemic plunge by stocks. Read moreInvesco QQQ Trust (QQQ US) $US340.60
MM has been watching our long NASDAW position via the QQQ for the last month looking for an ideal area to lock in some profit, our target above $US340 has now been reached and it’s a matter of time before we take some profit. Read moreOverseas Markets & Indices
US tech has finally listened to MM and punched towards the 14,000 area following it’s sharp 12% correction from Februarys high as US bond yields accelerated higher. Read moreAustralian Dollar ($A) 76.30c
The $A has slipped ~5% from its February high in very similar manner to the likes of BHP Group (BHP). Read moreVolatility
Another week and another low in volatility as the market embraces a glass half full mentality. Read moreSilver ($US/oz) $25.22
Silver is also looking very constructive here and potentially poised for a ~20% rally, we might see a flight to more defensive assets as we move towards the traditionally weak period for equities going into May. Read moreAustralian Dollar 76.23c
Not a lot of new news for the $A this week as it tracks back to the bottom of our targeted trading range which sits between 76c – 81c, hence by definition we are bullish short-term on the local currency which coincides with our bearish $US view. Read moreActions for positions held in the Global Macro ETF Portfolio
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