{"id":2050441,"date":"2016-07-03T10:01:13","date_gmt":"2016-07-03T04:31:13","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2050441"},"modified":"2016-07-03T10:01:13","modified_gmt":"2016-07-03T04:31:13","slug":"monthly-recap-junexit","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2016\/07\/03\/monthly-recap-junexit\/","title":{"rendered":"Monthly Recap: JunExit"},"content":{"rendered":"

\"world.2016-05-31.2016-06-30\"<\/p>\n

Equities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Major<\/th>\n<\/tr>\n<\/thead>\n
DAX(DEU)<\/a><\/td>\n-4.74%<\/span><\/td>\n<\/tr>\n
CAC(FRA)<\/a><\/td>\n-5.14%<\/span><\/td>\n<\/tr>\n
UKX(GBR)<\/a><\/td>\n+5.57%<\/span><\/td>\n<\/tr>\n
NKY(JPN)<\/a><\/td>\n-9.01%<\/span><\/td>\n<\/tr>\n
SPX(USA)<\/a><\/td>\n+0.66%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
JCI(IDN)<\/a><\/td>\n+3.64%<\/span><\/td>\n<\/tr>\n
INMEX(MEX)<\/a><\/td>\n+0.84%<\/span><\/td>\n<\/tr>\n
NGSEINDX(NGA)<\/a><\/td>\n+5.91%<\/span><\/td>\n<\/tr>\n
XU030(TUR)<\/a><\/td>\n+0.49%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
IBOV(BRA)<\/a><\/td>\n+7.23%<\/span><\/td>\n<\/tr>\n
SHCOMP(CHN)<\/a><\/td>\n+0.54%<\/span><\/td>\n<\/tr>\n
NIFTY(IND)<\/a><\/td>\n+2.06%<\/span><\/td>\n<\/tr>\n
INDEXCF(RUS)<\/a><\/td>\n-0.13%<\/span><\/td>\n<\/tr>\n
TOP40(ZAF)<\/a><\/td>\n-4.08%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
\n
\n
\n

Commodities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n
Energy<\/th>\n<\/tr>\n<\/thead>\n
Natural Gas<\/td>\n+30.17%<\/span><\/td>\n<\/tr>\n
WTI Crude Oil<\/td>\n+0.16%<\/span><\/td>\n<\/tr>\n
Ethanol<\/td>\n-1.09%<\/span><\/td>\n<\/tr>\n
RBOB Gasoline<\/td>\n-5.50%<\/span><\/td>\n<\/tr>\n
Heating Oil<\/td>\n+2.04%<\/span><\/td>\n<\/tr>\n
Brent Crude Oil<\/td>\n+1.21%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
Metals<\/th>\n<\/tr>\n<\/thead>\n
Copper<\/td>\n+6.22%<\/span><\/td>\n<\/tr>\n
Platinum<\/td>\n+8.45%<\/span><\/td>\n<\/tr>\n
Silver 5000oz<\/td>\n+23.75%<\/span><\/td>\n<\/tr>\n
Gold 100oz<\/td>\n+10.46%<\/span><\/td>\n<\/tr>\n
Palladium<\/td>\n+10.93%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
\n

Currencies<\/h3>\n

USDEUR<\/a>:+0.00% <\/span> USDJPY<\/a>:-7.26% <\/span><\/p>\n

\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
USDIDR(IDN)<\/a><\/td>\n-3.91%<\/span><\/td>\n<\/tr>\n
USDMXN(MEX)<\/a><\/td>\n-0.63%<\/span><\/td>\n<\/tr>\n
USDNGN(NGA)<\/a><\/td>\n+41.74%<\/span><\/td>\n<\/tr>\n
USDTRY(TUR)<\/a><\/td>\n-1.71%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
USDBRL(BRA)<\/a><\/td>\n-10.71%<\/span><\/td>\n<\/tr>\n
USDCNY(CHN)<\/a><\/td>\n+1.13%<\/span><\/td>\n<\/tr>\n
USDINR(IND)<\/a><\/td>\n+0.09%<\/span><\/td>\n<\/tr>\n
USDRUB(RUS)<\/a><\/td>\n-3.88%<\/span><\/td>\n<\/tr>\n
USDZAR(ZAF)<\/a><\/td>\n-7.32%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Agricultural<\/th>\n<\/tr>\n<\/thead>\n
Cocoa<\/td>\n+7.39%<\/span><\/td>\n<\/tr>\n
Soybean Meal<\/td>\n+2.12%<\/span><\/td>\n<\/tr>\n
Soybeans<\/td>\n+8.41%<\/span><\/td>\n<\/tr>\n
Cattle<\/td>\n-6.71%<\/span><\/td>\n<\/tr>\n
Lean Hogs<\/td>\n+2.70%<\/span><\/td>\n<\/tr>\n
Lumber<\/td>\n+1.68%<\/span><\/td>\n<\/tr>\n
Wheat<\/td>\n-10.73%<\/span><\/td>\n<\/tr>\n
Coffee (Robusta)<\/td>\n+4.29%<\/span><\/td>\n<\/tr>\n
Corn<\/td>\n-12.72%<\/span><\/td>\n<\/tr>\n
Cotton<\/td>\n-1.80%<\/span><\/td>\n<\/tr>\n
White Sugar<\/td>\n+17.27%<\/span><\/td>\n<\/tr>\n
Coffee (Arabica)<\/td>\n+19.34%<\/span><\/td>\n<\/tr>\n
Feeder Cattle<\/td>\n-3.30%<\/span><\/td>\n<\/tr>\n
Orange Juice<\/td>\n+19.45%<\/span><\/td>\n<\/tr>\n
Sugar #11<\/td>\n+19.14%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Credit Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Index<\/th>\nChange<\/th>\n<\/tr>\n<\/thead>\n
Markit CDX EM<\/td>\n+0.24%<\/span><\/td>\n<\/tr>\n
Markit CDX NA HY<\/td>\n-0.98%<\/span><\/td>\n<\/tr>\n
Markit CDX NA IG<\/td>\n+8.31%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Asia ex-Japan IG<\/td>\n+6.85%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Australia<\/td>\n+8.24%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe<\/td>\n+22.86%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe Crossover<\/td>\n+86.86%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Japan<\/td>\n+8.40%<\/span><\/td>\n<\/tr>\n
Markit MCDX (Municipal CDS)<\/td>\n+5.17%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nBrexit! Rexit! What, me worry?\n<\/div>\n<\/div>\n

International ETFs (USD)<\/h3>\n

\"global.etf.performance.2016-05-31.2016-06-30\"<\/p>\n

Nifty Heatmap<\/h3>\n

\"NIFTY<\/p>\n

Index Returns<\/h3>\n

\"index.performance.2016-05-31.2016-06-30\"
\nCheck out our dashboard here<\/a>.<\/p>\n

Market Cap Decile Performance<\/h3>\n

\"deciles.perf.2016-06-30\"<\/p>\n

Top Winners and Losers<\/h3>\n
\n
\n\n\n\n\n\n\n\n
VEDL<\/a><\/td>\n+21.56%<\/span><\/td>\n<\/tr>\n
BAJAJFINSV<\/a><\/td>\n+27.51%<\/span><\/td>\n<\/tr>\n
PNB<\/a><\/td>\n+34.05%<\/span><\/td>\n<\/tr>\n
ASHOKLEY<\/a><\/td>\n-9.73%<\/span><\/td>\n<\/tr>\n
INFRATEL<\/a><\/td>\n-7.88%<\/span><\/td>\n<\/tr>\n
UPL<\/a><\/td>\n-7.62%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nHave commodities bottomed out? Is the government’s bank capitalization and merger plan a “game changer?”\n<\/div>\n<\/div>\n

ETF Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
PSUBNKBEES<\/a><\/td>\n+10.71%<\/span><\/td>\n<\/tr>\n
GOLDBEES<\/a><\/td>\n+4.98%<\/span><\/td>\n<\/tr>\n
CPSEETF<\/a><\/td>\n+4.70%<\/span><\/td>\n<\/tr>\n
JUNIORBEES<\/a><\/td>\n+3.98%<\/span><\/td>\n<\/tr>\n
BANKBEES<\/a><\/td>\n+2.69%<\/span><\/td>\n<\/tr>\n
NIFTYBEES<\/a><\/td>\n+1.96%<\/span><\/td>\n<\/tr>\n
INFRABEES<\/a><\/td>\n+1.52%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nPSU banks – because tax payer money is free!\n<\/div>\n<\/div>\n

Yield Curve<\/h3>\n

\"yieldCurve.2016-05-31.2016-06-30\"<\/p>\n

Bond Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Sub Index<\/th>\nChange in YTM<\/th>\nTotal Return(%)<\/th>\n<\/tr>\n<\/thead>\n
0 5<\/td>\n-0.07<\/span><\/td>\n+0.83%<\/span><\/td>\n<\/tr>\n
5 10<\/td>\n-0.07<\/span><\/td>\n+0.98%<\/span><\/td>\n<\/tr>\n
10 15<\/td>\n-0.01<\/span><\/td>\n+0.71%<\/span><\/td>\n<\/tr>\n
15 20<\/td>\n-0.08<\/span><\/td>\n+1.37%<\/span><\/td>\n<\/tr>\n
20 30<\/td>\n-0.12<\/span><\/td>\n+1.88%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nBonds rallied across the board. Note the shift in the yield curve.\n<\/div>\n<\/div>\n

Investment Theme Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Velocity<\/a><\/td>\n+19.26%<\/span><\/td>\n<\/tr>\n
Acceleration<\/a><\/td>\n+17.23%<\/span><\/td>\n<\/tr>\n
Momentum<\/a><\/td>\n+10.11%<\/span><\/td>\n<\/tr>\n
Enterprise Yield<\/a><\/td>\n+7.24%<\/span><\/td>\n<\/tr>\n
Quality to Price<\/a><\/td>\n+7.04%<\/span><\/td>\n<\/tr>\n
Financial Strength Value<\/a><\/td>\n+6.45%<\/span><\/td>\n<\/tr>\n
High Beta<\/a><\/td>\n+5.34%<\/span><\/td>\n<\/tr>\n
Low Beta<\/a><\/td>\n+4.90%<\/span><\/td>\n<\/tr>\n
Balance Sheet Strength<\/a><\/td>\n+4.51%<\/span><\/td>\n<\/tr>\n
Magic Formula<\/a><\/td>\n+3.96%<\/span><\/td>\n<\/tr>\n
High Alpha<\/a><\/td>\n+3.43%<\/span><\/td>\n<\/tr>\n
Low Volatility<\/a><\/td>\n+3.32%<\/span><\/td>\n<\/tr>\n
High Sharpe<\/a><\/td>\n+3.27%<\/span><\/td>\n<\/tr>\n
HighIR Momentum<\/a><\/td>\n+2.99%<\/span><\/td>\n<\/tr>\n
Tactical CNX 100<\/a><\/td>\n+2.97%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nMomentum strategies regained their thrones after spending months in the boondocks…\n<\/div>\n<\/div>\n

Equity Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
Kotak World Gold Fund – Standard Plan – Growth Option<\/a><\/td>\n+23.13%<\/span><\/td>\n<\/tr>\n
DSP BlackRock World Gold Fund – Regular Plan – Growth<\/a><\/td>\n+22.66%<\/span><\/td>\n<\/tr>\n
HSBC Brazil Fund-Growth<\/a><\/td>\n+17.64%<\/span><\/td>\n<\/tr>\n
DSP BlackRock World Mining Fund – Regular Plan – Growth<\/a><\/td>\n+12.39%<\/span><\/td>\n<\/tr>\n
Edelweiss Emerging Leaders Fund – Growth<\/a><\/td>\n+9.99%<\/span><\/td>\n<\/tr>\n
Sundaram PSU Opportunities Growth Option<\/a><\/td>\n+8.90%<\/span><\/td>\n<\/tr>\n
DSP BlackRock Small and Mid Cap Fund – Regular Plan – Growth<\/a><\/td>\n+7.98%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
Birla Sun Life Commodity Equities Fund – Global Agri Plan – Growth – Regular Plan<\/a><\/td>\n-3.07%<\/span><\/td>\n<\/tr>\n
Reliance Japan Equity Fund- Growth Plan- Growth Option<\/a><\/td>\n-3.18%<\/span><\/td>\n<\/tr>\n
Franklin India Feeder – Franklin European Growth Fund – Growth<\/a><\/td>\n-4.26%<\/span><\/td>\n<\/tr>\n
Birla Sun Life International Equity Fund – Plan A – Growth – Regular Plan<\/a><\/td>\n-4.54%<\/span><\/td>\n<\/tr>\n
Invesco India Global Equity Income Fund – Regular Plan – Growth<\/a><\/td>\n-5.33%<\/span><\/td>\n<\/tr>\n
JPMorgan Europe Dynamic Equity Offshore Fund – Growth Option – Regular Plan<\/a><\/td>\n-6.05%<\/span><\/td>\n<\/tr>\n
Invesco India Pan European Equity Fund – Regular Plan – Growth Option<\/a><\/td>\n-10.19%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Bond Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
SBI Dynamic Bond Fund – REGULAR PLAN – Growth (Previously Magnum NRI – LTP Upto 22\/11\/09)<\/a><\/td>\n+1.69%<\/span><\/td>\n<\/tr>\n
JM G-Sec Fund – Growth Option<\/a><\/td>\n+1.67%<\/span><\/td>\n<\/tr>\n
Invesco India GILT Fund – Long Duration Plan – Growth<\/a><\/td>\n+1.61%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Long Term Gilt Fund – Growth<\/a><\/td>\n+1.58%<\/span><\/td>\n<\/tr>\n
Franklin India Govt.Sec. Fund-Long Term Plan – Growth<\/a><\/td>\n+1.58%<\/span><\/td>\n<\/tr>\n
Franklin India Govt.Sec. Fund-PF Plan – Growth<\/a><\/td>\n+1.57%<\/span><\/td>\n<\/tr>\n
Franklin India Govt.Sec. Fund-Composite Plan – Growth<\/a><\/td>\n+1.57%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
Invesco India Bank Debt Fund – Growth Option<\/a><\/td>\n+0.65%<\/span><\/td>\n<\/tr>\n
Kotak Corporate Bond Fund- Standard Plan-Growth Option<\/a><\/td>\n+0.65%<\/span><\/td>\n<\/tr>\n
Kotak Coporate Bond Fund- Retail Plan-Growth Option<\/a><\/td>\n+0.64%<\/span><\/td>\n<\/tr>\n
JPMorgan India Active Bond Fund – Retail Plan – Growth Option<\/a><\/td>\n+0.59%<\/span><\/td>\n<\/tr>\n
IIFL Dynamic Bond Fund – Regular Plan – Growth Option<\/a><\/td>\n+0.58%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Income Opportunities Fund – Growth<\/a><\/td>\n+0.57%<\/span><\/td>\n<\/tr>\n
Taurus Dynamic Income Fund – Growth Option<\/a><\/td>\n+0.47%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Institutional flows<\/h3>\n

FIIs sold out bonds and bought into equities. DIIs did the opposite…
\n\"fii-investments.2014-01-01.2016-06-30\"<\/p>\n

\"dii-investments.2014-01-01.2016-06-30\"<\/p>\n

US Treasuries<\/h3>\n

\"ust-yield-curve.2011-01-18\"<\/p>\n

Looks like Indian bonds are no where near overbought compared to US Treasuries.
\n\"ust-ind-10yr-spread.2011-01-18\"<\/p>\n

Book of the month<\/h3>\n

Black Box Thinking: Why Most People Never Learn from Their Mistakes–But Some Do (Amazon<\/a>)<\/p>\n

The only way to improve decision making is to record everything and use the telemetry to deconstruct failure. Once we know why something went wrong, we can go back to improving the decision making process. Much like how every airline crash is an opportunity to learn and improve flight safety. Investors will find a lot of takeaways from this book.<\/p>\n","protected":false},"excerpt":{"rendered":"

Equities Major DAX(DEU) -4.74% CAC(FRA) -5.14% UKX(GBR) +5.57% NKY(JPN) -9.01% SPX(USA) +0.66% MINTs JCI(IDN) +3.64% INMEX(MEX) +0.84% NGSEINDX(NGA) +5.91% XU030(TUR) +0.49% BRICS IBOV(BRA) +7.23% SHCOMP(CHN) +0.54% NIFTY(IND) +2.06% INDEXCF(RUS) -0.13% TOP40(ZAF) -4.08% Commodities Energy Natural Gas +30.17% WTI Crude Oil +0.16% Ethanol -1.09% RBOB Gasoline -5.50% Heating Oil +2.04% Brent Crude Oil +1.21% Metals Copper … <\/p>\n","protected":false},"author":2,"featured_media":2050442,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1881],"class_list":["post-2050441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-your-money","tag-monthly","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2050441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2050441"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2050441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2050442"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2050441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2050441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2050441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}