Non-diversified portfolio of stocks in companies that produce and/or process food and/or are related to global food production. FOLIO seeks to profit from long term trend for rising cost of food relative to inflation as well as a long term trend of increasing industry concentration (larger companies with economies of scale) in a historically fractured industry. Could be considered to be a partial hedge against inflation. Some positions in stocks based in China. Standard Deviation expected to be 130-160% of S&P500 and would therefore be categorized as “volatile” and suitable for only a portion of a diversified portfolio.
Past performance does not predict future performance. Returns in the short term can be highly affected by unexpected geopolitical, market speculation and weather related risks or health scare headline risk.
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