Exactly 7 months from our portfolio inception date of Oct. 26, 2012 our unlevered model portfolio was kicking some S&P 500 ass.
Our original $100,000 had surged to $121,457. Our total return is now up 21.46% (+36.6% annualized). Over the same time frame the S&P 500 has risen 18.38% (+31.4% annualized). In a world where success is often measured in basis points we have shown a 16.8% outperformance versus the benchmark index.
The Virtual Value Portfolio now holds $8,412 in cash reserves equal to 6.93% of our total asset value.