I know title sounds like it’s click bait, but it’s not. Specifically, TTF AUM grew USD 492,647 in the 2 weeks since we started 2024, entirely from capital gains.
I wasn’t expecting to do an update so soon, but TTF really ploughed through some of the milestones that I thought would take many more months to accomplish. Mostly due to 2 concentrated moves that I made at the end of Dec 2023. More on that later…
2024 (YTD):
SPY: +0.29%
VT: -0.40%
STI: -1.50%
TTF: +15.23%
SINCE INCEPTION (FEB 2020), ANNUALIZED:
SPY: +12.28%
VT: +8.83%
STI: +0.30%
TTF: +29.19%
Note: Returns are MWRs, all figures in USD
TTF’s NAV: USD 3,721,614.53
Deposits/Withdrawals: USD 1,994,226.86
Net capital gains since inception: USD 1,727,387.67
For reference, the last fund report:
Since TTF was incorporated in Feb 2020, this means that TTF has enjoyed a net gain of USD 1,727,387.67 over a period of 47 months of investment activity, which works out to be USD 36,752.92 every month, or approximately SGD 48.8k per month from Feb 2020 to date....