Thematic Portfolio March 1st 2023

Changes from the previous portfolio highlighted in red

Thematic Portfolio March 1st 2023

Theme Instrument/Ticker Description/Name Change from prior month Current suggested weighting Maximum suggested weighting
Long HK/China Increase 15-20% 25-30%
2800 HK Hang Seng Index tracker
3033 HK Index of China tech names
2823 HK Index of large cap China listed names
3147 HK Index of domestic China smaller tech names
0069 HK Shangri La hotels
0178 HK Sa Sa
0590 HK Luk Fook Holdings
Long Japan Increase 15-20% 10-20%
8306 T Mitsubishi UFJ
8002 T Marubeni
6301 T Komatsu
8053 T Sumitomo
Short US markets Increase 10-12% 10-15%
QQQ Nasdaq tracker
IWM Rusell 2000
XRT Retail ETF
XLY Consumer Discretionary ETF
Precious Metals Increase 10-15% 15-20%
GLD ETF holding physical gold
SLV ETF holding physical silver
GDX Index of large cap gold miners
GDXJ Index of mid-cap gold miners
SIL Index of silver miners
SILJ Index of junior silver miners
Energy 10-15% 15-20%
XLE Index of large cap oil stocks
XOP Index of oil exploration stocks
U.UN ETF holding physical Uranium
TNK Transportation of Oil products and LNG
GLNG Transportation of LNG
UNG Fund holding Natural Gas Futures
Other commodities 5-10% 10-15%
MOS Fertiliser Company
XME Metals and Mining ETF
FX 10% 10%
UUP Fund tracking the dollar index
Cash
FDRXX Fidelity Government Money Market Fund Decrease 32-35%