Many readers have inquired about the Bespoke Model Portfolio offered at www.BespokePremium.com. For those who are unfamiliar with it, our Model Portfolio consists of the stocks that Bespoke currently finds the most attractive based on a variety of proprietary measures. The portfolio started with a mock value of $100,000 on May 29th and currently contains 12 positions. We also maintain a cash position that somewhat reflects our overall view of the current market environment (we could always maintain a portfolio of 100% stocks, but we feel that doing so would imply too much risk for our subscribers).
Of the 12 positions currently in the portfolio, 9 are up and 3 are down. Each time a stock goes into the portfolio, we also set a stop price in order to limit declines. Three positions have been stopped out already, but the effect on the overall portfolio's performance was limited because the stop prices were in place.
Below we highlight the current weight and performance of each stock in the Model Portfolio since it was added. The best performing stock is up 17.38% since it was added on 5/29, while the worst is down 5.81% since 5/29 as well. As shown, the cash position is currently at 38.7%, which is the lowest it has been thus far. Since launching, the portfolio is up 1.16% versus the S&P 500's return of 0.83%. While we haven't knocked the cover off the ball, we are happy with the 1.16% performance with the limited amount of exposure we have had (high amounts of cash).
The Bespoke Model Portfolio is accessible to www.BespokePremium.com subscribers only, and any updates to the portfolio are made available immediately on our subscription site. If you are interested in seeing the stocks that make up Bespoke's Model Portfolio, subscribe today!