Blog Title: Kinship Fund - June 2013 Update
Welcome to our blog. We are using this platform to acquire further interest in our Private Fund and to provide on-going information as to what we are doing and how we are progressing in this challenging field as a Private Managed Futures Fund (working under our local Capital Raising Exception Act). Currently, we are seeking capital from qualified investors. Kinship Investments is not an advisory service and does not provide investment advice. Please contact lee@kinshipinvestments.com for further information.
Ho Hum Spring!
Welcome to our blog. We are using this platform to acquire further interest in our Private Fund and to provide on-going information as to what we are doing and how we are progressing in this challenging field as a Private Managed Futures Fund (working under our local Capital Raising Exception Act). Currently, we are seeking capital from qualified investors. Kinship Investments is not an advisory service and does not provide investment advice. Please contact lee@kinshipinvestments.com for further information.
Ho Hum Spring!
Well it has been one year since our latest 'update' so we have obviously been lax in blogging about what we are doing. Since we are strictly systematic trend following traders, we may not have much to say. As boring as it is, we don't honestly care what markets are doing. Theoretically, we are making money in any down, up, or sideways markets. But, just because we don’t care what the markets do, doesn’t mean we don’t find them fascinating. So, without further adieu: our current commentary.
The Kinship Fund declined by 1% for May 2013, with a total decline of 3.4% for the year. This is in stark contrast to the S&P 500 index which has posted another gain for the month. The separation is quite substantial between the two. It would take a large amount of gains to put us on par with the general markets. Again, does this worry us? Not so much.
Kinship Fund is not correlated to the S&P 500 when it has a positive month. But, we are negatively correlated to the S&P 500 when it has a down month. What does this mean? Generally, when the markets are going down the Kinship Fund has a 60% chance of having an average 6.99% positive month. But you may ask, what about the other side? Fair enough... Generally when the markets are going down the Kinship Fund has a 40% chance of having an average 2.23% negative month. These are pretty good odds anyway you look at it. This is one reason why month after month, we are insisting to our potential investors that our Kinship Fund is truly a great diversifier for many investment portfolios.
As we are late in our reporting of our commentary for our May results we will save general musings for the next week and June results review which is only 2 weeks away (where does the time go?). Next up: Have you truly done your real estate ‘due diligence’? Where is the market going in 40 years?
Please view our results, posted @ www.kinshipinvestments.com/trustfund.html
The Kinship Fund declined by 1% for May 2013, with a total decline of 3.4% for the year. This is in stark contrast to the S&P 500 index which has posted another gain for the month. The separation is quite substantial between the two. It would take a large amount of gains to put us on par with the general markets. Again, does this worry us? Not so much.
Kinship Fund is not correlated to the S&P 500 when it has a positive month. But, we are negatively correlated to the S&P 500 when it has a down month. What does this mean? Generally, when the markets are going down the Kinship Fund has a 60% chance of having an average 6.99% positive month. But you may ask, what about the other side? Fair enough... Generally when the markets are going down the Kinship Fund has a 40% chance of having an average 2.23% negative month. These are pretty good odds anyway you look at it. This is one reason why month after month, we are insisting to our potential investors that our Kinship Fund is truly a great diversifier for many investment portfolios.
As we are late in our reporting of our commentary for our May results we will save general musings for the next week and June results review which is only 2 weeks away (where does the time go?). Next up: Have you truly done your real estate ‘due diligence’? Where is the market going in 40 years?
Please view our results, posted @ www.kinshipinvestments.com/trustfund.html
Protect yourselves,
Lee MacFarlane
Derivatives Trader - President
Kinship Investments Ltd.
office (250-385-9132)
fax (250-385-9134)
Derivatives Trader - President
Kinship Investments Ltd.
office (250-385-9132)
fax (250-385-9134)
check us out on 
Legal:
Past performance is not necessarily indicative of future trading results.
No comments:
Post a Comment