Portal Digital Fund Horizon Index Fund Radiance Global Fund July: +8.1% July: +28.2% July: +1.1% YTD: -28.5% YTD: -63.6% 2021: +83.1% Since Inception: -60.6% Since Inception: +116.6% Market Commentary from Mark Witten, CIO July saw cryptocurrencies and digital assets (“crypto assets”) break their last three consecutive monthly drawdowns, with BTC returning +17%, and the overall […]
Tag Archives: PORTAL DIGITAL FUND
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July 2022 Market Commentary and Performance
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October 2022 Market Commentary and Performance
Portal Digital Fund Horizon Index Fund Radiance Global Fund October: +0.3% October: +6.2% October: +2.12% YTD: -34.6% YTD: -63.7% YTD: -8.61% 2021: +83.1% Since Inception: -63.7% Since Inception: -8.61% Since Inception: +97.9% “Over-leveraging is the prime reason for all market blow-ups. Leverage has the potential to turn a reasonably good investment into disastrous gambling.” Naved Abdali, […]
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September 2022 Market Commentary and Performance
Portal Digital Fund Horizon Index Fund Radiance Global Fund September: -4.7% September: +4.4% September: -1.18% YTD: -27.6% YTD: -65.8% YTD: -10.50% 2021: +83.1% Since Inception: -60.6% Since Inception: +98.1% September was a challenging month for funds to trade. BTC initially rallied 10% whilst ETH and the overall market rose 14% in the first 12 days […]
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August 2022 Market Commentary and Performance
Portal Digital Fund Horizon Index Fund Radiance Global Fund August: -3.9% August: -9.9% August: -8.81% YTD: -31.7% YTD: -67.2% YTD: -8.81% 2021: +83.1% Since Inception: -60.6% Since Inception: +106.8% Market Commentary from Mark Witten, CIO The strong bounce that started in July with BTC rallying 26% off its lows and the overall market (represented by […]
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June 2022 Market Commentary and Performance
Portal Digital Fund Horizon Index Fund June: -8.3%* June: -27.9% YTD: -33.7% YTD: -71.6% 2021: +83.1% Since Inception: -60.6% Since Inception: +100.6% Please find below the performance review and market commentary for June 2022, including our global macroeconomic analysis given current turbulent market conditions. Market Commentary from Mark Witten, CIO The intense volatility we have […]
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February 2022 Newsletter and Market Commentary
Portal Digital Fund February: -0.5%* 2021: 83.1% YTD: -12.1% Since Inception: 165.8% Horizon Index Fund February: -6.9% YTD: -35.5% Since Inception: -30.6% Market Commentary from Mark Witten, CIO Cryptocurrencies and digital assets (“crypto assets”) have now been embraced as a conventional asset class by most investment professionals and are now discussed daily in all major […]
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January 2022 Newsletter and Market Commentary
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 […]
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December 2021 Newsletter
December -4.7%* YTD 80.1% 12 Months 80.1% To view this email in PDF, click here. End of Year Position The Portal Digital Fund finished 2021 up +80.1% net of fees vs BTC up +59.5%, with less than a third of the volatility. December was down -4.7%* net of fees vs BTC down -18.7% […]
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October 2021 Market Commentary and Performance
October proved to be a massive month for the cryptocurrency and digital asset markets. Market Overview: October proved to be a massive month for the cryptocurrency and digital asset markets. After a weak September, Bitcoin (BTC) jumped 10% on the 1st of October, sparked by Federal Reserve Chairman Jerome Powell testifying before Congress that he […]
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September Newsletter and Quarterly Update 2021
September 2021 Performance September -3.4%* YTD 64.2% 12 Months 98.1% To view this newsletter in PDF, click here Q3 Commentary The Portal Digital Fund was down -3.4% for the month of September, historically the cryptocurrency markets toughest month, versus Bitcoin (BTC) down -7% and the CCI30 Index down -12.3%. The PDF returned 17.2% net […]