In this month’s video, Jamie walks you through what’s happened for the month of April:
Hey, Jamie here from JAS Funds with your update for April 2019.
April 2019 Updates
So, April’s been a bit of a slow month. Andrew wanted me to share with you the slow month based on the Easter holiday. So two weeks out of the four is what Andrew considers slow. But, even in a slow month, 9.167% up. So just over 9% up which is still pretty healthy.
And yes, it wasn’t the same as the 20% the month before and the 19% the month before that, but it’s still going in the direction we want it to go in. So version three of the algorithm, the 80/20 is doing really, really well for us. And even in the slow month, we’re over 9%, so that’s really, really positive. Though I just also want to be a realist and say, we’re in this for the long haul, and not just the quick, super duper months. We are looking at this very long term. And we still want to set expectations of two to 5% a month, that’s our target.
When we overachieve it, great. And we’ll keep pushing forward. There are going to be some low months. But, looking really, really good in the moment for V3 on the algorithm as we’ve got it right now.
Manual Trading Account is Ready
Remember too, as well, we have the manual trading account available if you want to add that into the mix as well. And the blended account was still testing in the background. So that’s on the way testing, the manual account is ready if you’d like to add that. That’s up 3% since inception. So, nice and steady as she goes. Very low draw down there, 2% draw down on that one. So, very low risk and reward there being managed very nicely, okay?
Lastly as well, from a JAS perspective, we’ve got some updated paperwork that I’ve sent out to you as clients. If you haven’t responded, please do. I’ve got a number of those back, so those who have sent it back, thank you. That’s just to ensure that we keep up to date with our regulations, the regulatory side of things here in New Zealand for the FMA.
So, if you can make sure that they are back to us soon, to make sure I can just box all that up. That’ll be awesome. And if you have any questions on that at all, just reply to the email I sent you. And any questions at all, as always, just reach out and let us know. We’re here to help.
Alright, this is Jamie. April 2019 update. Any other questions, just let me know.
Bye for now.