TGF: report for Q2 2023
Critique on Current Period The end of the quarter marks the conclusion of the first half of quite an eventful year for the markets and for Tralucent! The Tralucent Global Equity Fund (“the Fund”) saw a 5.82% return over the last quarter, and a 21.62% over the last year. Comparatively, the global market benchmark returned…
Read MoreTGF: report for Q4 2022
Critique on Current Period The end of the quarter marks the conclusion of quite a year for the markets and for Tralucent! The Tralucent Global Equity Fund saw an 8.50% return over the last quarter, and a -11.03% over the last year. Comparatively, the global market benchmark returned 7.59%, and -12.79%. The Fund continues to…
Read MoreTGF: report for Q3 2022
Critique on Current Period As at quarter end (September 30, 2022), the S&P 500 hit a new low of 3585. This is even lower than the S&P’s bottom at the June quarter. For some perspective, the S&P is trading around the same level as mid-November in 2021. Tralucent continues to outperform its benchmark, which we…
Read MoreTGF: report for Q2 2022
Critique on Current Period As at quarter end performance of major market indices is as follows: NASDAQ down 27.05%, S&P500 down 20.79%, and the MSCI World Index down 18.87%. As at quarter end, the Fund was down 17.67%. While never happy with negative performance, we are extremely proud that we are still outperforming the major…
Read MoreMarket Corrections: a time to buy
As we write this letter, equity markets are down some 26% on a year-to-date basis, as measured by the S&P500. This is the worst performing first half of a year over the last 50 years. In this situation it is natural to be concerned. But it is even better to be informed. Please note that…
Read MoreCorrections that are guaranteed. Upturns that are inevitable.
At Tralucent, we just about guarantee that the stock markets will correct almost every year between 7 to 10 percent, and sometimes even more. What inevitably follows is the upturn, and we expect that the current correction in the stock market should be no different. The end to the Ukraine conflict is hopefully nearing, and…
Read MoreTGF: report for Q1 2022
Background, Evolution, and Disclosures A quick reminder of the inception and composition of the Tralucent Global Equity Fund The Tralucent Global Equity Fund (TGF) was officially created on March 31, 2020, through the consolidation of holdings from approximately 260 different separately managed accounts. Account holders were given an equivalent number of units of the TGF…
Read MoreFederal Reserve Bank – NOT a Punishing God
In short order the Equity markets have declined some 10 percent from their highs. Why? Because the Federal Reserve Bank is very likely to raise interest rates. There is fear that these higher rates will then significantly affect the economy, which will then negatively affect stock prices. It is very important to keep in mind…
Read MoreTGF: report for Q4 2021
Background, Evolution, and Disclosures A quick reminder of the inception and composition of the Tralucent Global Equity Fund The Tralucent Global Equity Fund (TGF) was officially created on March 31, 2020, through the consolidation of holdings from approximately 260 different separately managed accounts. Account holders were given an equivalent number of units of the TGF…
Read MoreTGF: report for Q3 2021
Background, Evolution, and Disclosures A quick reminder of the inception and composition of the Tralucent Global Equity Fund The Tralucent Global Equity Fund (TGF) was officially created on March 31, 2020, through the consolidation of holdings from approximately 260 different separately managed accounts. Account holders were given an equivalent number of units of the TGF…
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