Lockstep Investing Performance Update: August 2023
The Portfolio’s Performance for August 2023 The Portfolio (aka The Value Fund) declined -7.7% for August but remains up +14.3% Year-to-Date. Note: We are no longer reporting on the Premium Fund as it is closed to existing members only. Drivers of Performance August proved to be a turbulent month. Several factors contributed to our […]
Lockstep’s Performance Update: July 2023
Our Funds’ Performance for July 2023 Premium Fund The Premium Fund delivered an impressive return of +8.9% in July, bringing the Year-to-Date performance to +10.7%. Value Fund (aka The Portfolio) The Value Fund had an evening stronger showing, achieving a gain of +9.7% for July and an outstanding +23.9% Year-to-Date. Drivers of Performance These […]
Lockstep’s Performance Update: June 2023
Our Funds’ Performance for June 2023 Premium Fund The Premium Fund was up +12.5% for June 2023 and is up +1.72% Year-to-Date. The Value Fund The Value Fund was up +11.0% for June 2023 and is up +13.0% Year-to-Date. Market Performance It was another strong month for the S&P 500 and the Nasdaq Composite, […]
Innoviva: A Company Worth Owning
A Brief History Innoviva (INVA) was founded in 1996 as Theravance Inc. Its main focus was discovering and developing drugs to combat several diseases, including respiratory. In 2002 Theravance and GSK collaborated to develop and commercialise respiratory drugs, which led to the successful development of Relvar/Breo Ellipta, Anoro Ellipta and later, Trelegy Ellipta (FDA-approved […]
Lockstep’s Performance Update: May 2023
Our Funds’ Performance for May 2023 Premium Fund The Premium Fund was up +0.9% for May 2023 and is down -9.6% Year-to-Date. The Value Fund The Value Fund was up +0.8% for May 2023 and is up +1.7% Year-to-Date. Market Performance Things are looking up – sort of. The S&P 500 and Nasdaq Composite […]
Lockstep’s Performance Update: April 2023
Our Funds’ Performance for April 2023 Premium Fund The Premium Fund was down -2.2% for April 2023 and is down -10.4% Year-to-Date. The Value Fund The Value Fund was down -1.4% for April 2023 and is up +0.9% Year-to-Date. Market Performance It was another decent month for the S&P, which finished up 1.5%, […]
Lockstep’s Monthly Update – March 2023
Our Funds’ Performance for March 2023 Premium Fund The Premium Fund was down -13.0% for March 2023 and is down -8.3% Year-to-Date. The Value Fund The Value Fund was down -4.6% for March 2023 and is up +2.4% Year-to-Date. Market Performance Despite all the craziness during the month, the S&P 500 and Nasdaq […]
The Ultimate Guide to Investing Offshore for South Africans.
If you’re a South African wanting to know about investing offshore or in US-listed companies, this blog post is for you. Investing in foreign markets can be a great way to diversify your portfolio and potentially increase your returns. By the end of this post, you’ll have a better understanding of the opportunities available […]
Lockstep’s Monthly Update – February 2023
Our Funds’ Performance for December 2022 Premium Fund The Premium Fund was down -3.8% for February 2023 and is up +5.4% Year-to-Date. The Value Fund The Value Fund was down -2.9% for February 2023 and is up +7.3% Year-to-Date. Performance vs the Market The S&P 500 and Nasdaq Composite were down -2.6% and […]
Lockstep’s Monthly Update and 1 Year Anniversary
Our Funds’ Performance for January 2023 Premium Fund The Premium Fund was up +9.6% for January 2023 and is up +2.5% since launching in February 2022. The Value Fund The Value Fund was up +10.5% for January 2023 but is down -3.1% since launching in February 2022. Performance vs the Market Today marks the 1st anniversary of […]
Lockstep’s Monthly Update – December 2022
Our Funds’ Performance for December 2022 Premium Fund The Premium Fund was down -0.6% for December 2022 and -6.5% since launching in February 2022. The Value Fund The Value Fund was down -1.7% for December 2022 and -12.3% since launching in February 2022. Performance vs the Market Both our funds significantly outperformed the […]
Lockstep’s Monthly Update – November 2022
Our Funds’ Performance for November 2022 Premium Fund The Premium Fund was up +1.1% for November 2022 and is down -6.0% since launching in February 2022. The Value Fund The Value Fund was up +6.9% for November 2022 and is down -10.8% since launching in February 2022. Performance vs the Market The S&P […]
Lockstep’s Monthly Update – October 2022
Our Funds’ Performance for October 2022 Premium Fund The Premium Fund was up +12.2% for October 2022 and is down -6.9% since launching in February 2022. The Value Fund The Value Fund was up +10.3% for October 2022 and is down -16.5% since launching in February 2022. Performance vs the Market Both the […]
The Insanity of the Stock Market
(As published on Biznews) As soon as people hear what I do for a profession the common line of questioning goes something like this; “Given what you do, is now a good time to buy?” “Is now a good time to sell?” “Given all that is going on in the world should I be in […]
Lockstep’s Monthly Update – September 2022
Our Funds’ Performance for September 2022 Premium Fund The Premium Fund declined -9.6% for the month and is down -17.1% since the fund was launched in February 2022. The Value Fund The Value Fund declined -13.7% for the month and is down -24.3% since the fund was launched in February 2022. Performance vs the Market […]
The Value Fund Monthly Update – August 2022
Performance for August 2022 The Value Fund was down 4.8% for August 2022 and is down 12.4% since the fund started in February 2022. The Premium Fund, which we opened up to members in August, was up 1.5% for the month but is down 8.2% since the fund started, also in February 2022. Performance […]
The Value Fund Monthly Update – July 2022
Performance for July 2022 The Value Fund increased 16.3% in July 2022 and is down 7.9% since the fund started at the beginning of February 2022. Performance vs the Market The fund outperformed both the S&P 500 and the Nasdaq Composite Indices both of which were strongly up 9.1% and 12.3% respectively for the month. […]
The Value Fund Monthly Update – June 2022
Performance for June 2022 The Value Fund declined 15.39% in June 2022 and has declined 20.79% since the fund started in February 2022. Performance vs the Market On paper, June’s performance is horrific, especially when compared to the market as the S&P declined 8.4% and the Nasdaq declined 8.7% for June 2022. We mention “on […]
How to invest
“The ability to simplify means to eliminate the unnecessary so that the necessary may speak.” – Hans Hofmanm
The Value Fund Monthly Update – May 2022
The Value fund was up 3.86% for May 2022 and is down 6.38% since the fund’s inception at the beginning of February 2022.
Maximising returns over the long term
Invest in the stock market for optimal returns.
How wealth is built
Be frugal, invest smart and let time do the rest
The Value Fund Monthly Update – April 2022
Performance for April 2022 The Value Fund declined by 8.9% in April 2022 and is down by 9.9% since launching in February 2022. It was a brutal month for the markets as the S&P and Nasdaq composite declined by 8.8% and 13.3% respectively, while the S&P is down 13.9% for the year and the Nasdaq […]
Investing during times of uncertainty
It’s during the difficult times that opportunities present themselves
Inflation and the Value Fund
“Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffett
and then