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Model Portfolio: Q1

As promised, I have been tracking my model portfolio regularly and here are the results and highlights of Q107 results.

  • Model portfolio resturns were 2.22 % (compared with .6% for S&P). So at least till now, I am track to beat S&P by 2% points by end of year
  • Best performaing asset was FSESX: FIDELITY SELECT ENERGY SERVICES which returned 15.59% and Yahoo stock was second with 12.73% return
  • Worst performaing asset was Cisco stock which was down by 10.36%. Second worst was FXI:ISHARES TR FTSE INDX which was down by 3.31%
  • Overall till now the portfolio is well balanced and even during late Feb sell-off held pretty well.
  • I am not doing any adjustments to this model portfolio
Here are my forecasts for overall market:
  • USA market will go sideways for next quarter till there is clarity on economy and interest rate direction
  • Chinese market will keep on going upwards and Shanghai Index may break thru 3500 by quarter end (from 3250+ now)
  • Indian markets will continue to go sideways and BSE index will touch 11500 before recovering to 13000. Elections in most populous state UP will impact elections (congress may do poorly in this state)
  • Best investments would be still to get overall international exposure with Europe offering best risk/reward
/Shyam

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