Peformance Update - June
What a month. Four new multi-baggers, new highs and beating SPY by 3.5%. Our strategy is on fire.
With another month under our belt, it is time to look at what matters the most. Performance.
9.4% for the month, beating SPY by 3.5%
Our index ended the month up 47.7% on average. This represents a new high and a jump of about 9.4% compared to the start of May. We also managed to outperform the two biggest indices on a monthly basis. SP500 is now up ‘only’ 27.39% which represents a 5.9% jump for the month. NASDAQ is up only 18.74% since inception and gained 5.2% in the past month.
Average peak return - 97%
The peak average return continues to climb and is up 97%, confirming that the index is a great hunting ground for stocks that can truly run far, while the microcap indices lag far behind since inception.
Four New Multi-Baggers
Most importantly, we would like to highlight that four of our stocks managed to return over 100% just in May. You can see all of the multi-baggers here.
Again, this showcases the added benefit of subscribing. The index is a good hunting ground, not just for new stocks but also for existing ones.
Lastly, volume remains solid with over 60% of stocks having daily average volume larger than $100,000. The total average daily volume for all stocks in the index was $123m at the end of April.
What are the four stocks?