January -11.7%* YTD 37.2% 12 Months -11.7% To view this email in PDF, click here. Market Commentary January continued the risk-off environment that began in mid-November 2021 across all asset classes. As we stated in our “Portal 2022 Outlook” report we believe that “Inflation is being vastly underestimated – rates are going to rise […]
Tag Archives: Newsletter
-
January 2022 Newsletter and Market Commentary
-
March 2022 Newsletter and Market Commentary
Portal Digital Fund Horizon Index Fund March: +6.1%* March: +19.1% 2021: 83.1% YTD: -23% YTD: -8.2% Since Inception: -23% Since Inception: 161.8% Please find below the March market commentary for Q1 2022, including our global macroeconomic outlook and recent relevant headlines. Market Commentary from Mark Witten, CIO Investors are facing a rising number of daunting challenges. These […]
-
April 2022 Market Commentary and Performance Portal Digital Fund and Horizon Index Fund
Portal Digital Fund Horizon Index Fund April: -6.2%* April: -26.7% YTD: -13.9% YTD: -43.6% 2021: +83.1% Since Inception: -43.6% Since Inception: +160.6% Market Commentary from Mark Witten, CIO April was a turbulent month across the entire investment landscape as US fixed income yields spiked and this caused monthly declines across all risk assets, most notably tech stocks as […]
-
May 2022 Market Commentary and Performance
Portal Digital Fund Horizon Index Fund May: -12.1%* May: -30.1% YTD: -23.7% YTD: -60.6% 2021: +83.1% Since Inception: -60.6% Since Inception: +130.9% Market Commentary from Mark Witten, CIO Market Macro May was a deceptive month as there was a flight to safety due to the UST/Luna collapse, with the result that Bitcoin and Ethereum were ‘only’ down -16% and […]