QAS MODEL PORTFOLIO PROGRAM ALERT
QAS S-122 Gold Long/Short strategy returned +18% in 2022, and +12% in 2023 as of 01-20-23
Our “four-regime” Gold Long/Short strategy significantly outperformed its direct benchmark (Gold spot) as well as most global equity and fixed income benchmarks in 2022. This trend continues in January 2023.
This strategy returned a cumulative +30.1% during a 13-month period vs. +5.6% Gold-spot during extremely volatile market conditions. The strategy had several long and short positions during this period, and sometimes utilized leveraged and inverse ETF instruments.
There were several factors contributing to a strong positive reversal of Gold’s price in the past three months (November 2022 – January 2023):
- US Dollar weakening
- 10-yr Treasury yield retracement
- China increased its gold reserves by 32 tons
The QAS Gold Long/Short strategy has a “four-regime” allocation scheme:
- Positive, leveraged +2x
- Positive, beta +1x
- Cash
- Negative, inverse -2x
The model is currently in regime 2 “Positive, beta +1x”
For more information please contact QAS www.qas-service.com
