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The fund's goal is to outperform the market both in absolute and relative basis.
We agree with Mr. Buffett’s view regarding diversification; "Diversification is protection against ignorance. It makes little sense if you know what you are doing."
We first identify the current trend using a proprietary macro model that analyzes credit market using 90 Day Euro Futures, global bonds, emerging market bonds, corporate bonds, high yield bonds, various ETFs and few individual stocks. Credit markets have been able to forecast each market turn in the past 30 years (usually months in advance). ·
We will hold approximately 13 - 20 stocks during uptrends and may hold 4 -10 stocks during downtrends. ·
We like growth stocks in uptrends and mature consumer staples in downtrends. Additionally, we may use inverse-ETFs during downtrends or to hedge our positions. ·
In our historical testing we have noticed that close to 50% of the breakouts fail thus we have strict stop-loss rules and our initial portfolio weights are determined so that under normal conditions we never lose more than 2% on our initial position. ·
We may average up on a promising stock but WE NEVER AVERAGE DOWN. ·
All the stocks that we own must be traded in one of the US exchanges (ADRs are allowed). ·
Our initial position will not be more than 10% of the portfolio. No single position can be above 20% of the portfolio at any time. ·
We believe stock prices follow companies' earnings, and those companies that can deliver durable multiyear earnings growth provide attractive investment opportunities. ·
Quality of earnings is very important for us, so the companies need to have significant earnings in cash vs. receivables. · As a result, our investment approach seeks firms we believe are poised for sustained, above-average earnings growth that is not accurately reflected in the stocks' current valuation. ·
We emphasize companies that have competent/honest management team (a must), are leaders in their industry with a strong competitive position, high returns on capital and solid free-cash-flow generation. ·
A stock is sold if the company’s fundamentals decline, the valuation becomes excessive, or the position becomes too large. If a company and the stock are performing as expected our holding period is forever. ·
|(AMF) adevkota's Mutual Fund|
|MODEL INCEPTION (12/10/2014)||AVG. ANNUAL RETURN||S&P TOTAL RETURN||Actions|
|3+ YRS||23.01%||10.56%||View Fund Stats Track Fund|
|RETURN PERIOD (As Of: 03/31/2018)||AVG. ANNUAL RETURN||S&P TOTAL RETURN||ACHIEVEMENTS|
|Show Fund Strategy|
|Click Here to View More Information About This Fund.|
Aalok Devkota has outperformed 75% of U.S. equity mutual fund managers for the last 3 years in part because we allow him to take defensive action for our clients when he sees fit. He turned defensive Read More...
APR 04, 2018 | Forbes Article
President Trump's threats to start a trade war have contributed to the market's volatility. Here's why I expect the volatility will get worse and 2 approaches for investors who want to get in front of Read More...
MAR 28, 2018 | Forbes Article
Nearly all mutual funds require their managers to be almost fully invested all the time. Aalok Devkota has outperformed 75% of U.S. equity mutual fund managers for the last 3 years in part because we Read More...
MAR 21, 2018 | Forbes Article
With the Dow Jones bouncing up and down 300 points a day, interest rates rising, and a trade war brewing, it will not take much to trigger another correction. Here is how five top managers are Read More...
MAR 07, 2018 | Forbes Article
February's wild ride has ended with the S&P 500 recovering most of a 10.10% correction to close down 2.82%. Here are four managers who did well in the most volatile, down month we've seen in a long Read More...
MAR 01, 2018 | Forbes Article
|Large Cap : Growth||54.88%||-0.14%|
|Unclassified Market Cap : Unclassified Style||14.58%||-0.73%|
|Large Cap : Value||8.16%||0.18%|
|Mid Cap : Growth||5.97%||0.31%|
|Large Cap : Blend||5.38%||0.46%|
|Mid Cap : Blend||4.46%||-0.92%|
|Mid Cap : Value||3.40%||0.29%|
|Small Cap : Value||3.01%||1.41%|
The information below pertains to model data only.
|Fund Manager:||Total Model Net Assets:|
|Inception:||Ticker Symbol:||# of Securities:|
|December 10, 2014||AMF||17|
Diversified trend following fund while minimizing draw downs. Looking for companies that are leaders in their sector with positive sales and earnings growth, reinvestment opportunities and a strong balance sheet. I do not like to buy any stock just so I can be diversified, the stock has to meet all my conditions. I will be perfectly happy owning Vanguard funds, Berkshire, Markel and Costco so any new investment has to be better than these. I use inverse SPY (SDS and SH) to hedge when I feel that the market may go down. If I have money left and can't find a stock to buy that meets all my conditions, I may buy great defensive stocks like JNJ, PEP, STZ.
|Last 3 Months||86.31%|
|Last 6 Months||141.69%|
|Last 12 Months||220.69%|
|Period||Returns||S&P 500 Returns||Returns VS S&P 500|
|Last 7 Days||3.65%||2.53%||1.12%|
|Last 30 Days||2.56%||-0.04%||2.60%|
|Last 3 Months||9.55%||-2.73%||12.28%|
|Last 6 Months||14.29%||6.18%||8.11%|
|Last 12 Months||33.71%||17.94%||15.77%|
|Last 2 Years||60.73%||34.72%||26.01%|
|Last 3 Years||79.31%||38.57%||40.74%|