MI_ST_ATH is an absolute momentum strategy which chases stocks near their All time highs. It is a well-researched phenomenon that stocks that are near to their all-time highs have a high probability to keep performing well.

• An up-to 10 stock concentrated portfolio with equal weights for each component
• Stocks from NSE listed universe (with additional filters of very high turnover stocks only) and above market capitalization of 1000cr or more.
• Stock selection based on Momentum ranking and nearness to their All Time Highs
• Absolute Momentum performance is the basis for each stock selection
• Every week the portfolio is reviewed and stocks which do not hold up the exit criterion are shelved while new ones enter.
• At times when new momentum picks are not available the portfolio will sit in cash (in interest bearing instruments like LIQUID BEES).
• There is zero discretion of the manager in running this portfolio.
• The strategies have been rigorously back tested on years of data to prove their efficacy.
• The optimal size for investing in this portfolio is INR 5 to 30 lacs
• Investment Horizon : 4-5 years

A complete video on Mi_ST_ATH can be seen here

Talk to Team WeekendInvesting for any questions