Hawking Portfolio Review – 29 October 2021

Arches National Park

The Hawking Portfolio, although holding more assets than other portfolios (~30) is easier to manage since the objective is to keep adjustments/trades to a minimum with no exit rules other than to use a 3 Standard Deviation TSLO order as “disaster” protection. Thus, the portfolio is essentially a Buy-And-Hold portfolio with the only requirement being to re-invest dividends as soon as possible after payout.

Current holdings look like this:

with a projected “income” of just a little over my target 8%.

Performance of this portfolio, year-to-date, looks like this:

and is approaching a 20% return on investment. Some dividends were distributed last week and I’m anticipating an additional $320+ early next week. Once received I should be in a position to re-invest ~$800 that I’ll do as shown in the following screenshot:

i.e. I’ll add to my current holdings in IGD (a Global Equity Fund) by purchasing an additional ~150 shares to bring my total holdings up to ~3% of total portfolio value. With a current distribution of a little over 8% this should keep my portfolio well within my “income” target.

Last year, the Dirac (Stock) Portfolio was the star performer – this year the Hawking (Income) Portfolio is leading. Diversify your investments between different strategies – the same strategies do not perform best under all market conditions.

David