We did quite ok in January, 2020.
India Investment Products
The India Super 50 (IS50) did +8.9% in the month of January, '20 with a Sharpe Ratio of 2.8.
The India Multi Asset Allocation Portfolio (IMAAP), delivered +4.75% in January,'20 with a Sharpe of 3.7.
The NIFTY was down 1.7% and the NSE 500 was down 0.1% in January '20.
So, pretty good.
But the real story is about why we decided to tweak a winning model this year
The way we tweaked our strategy for 2020
In 2019 we did pretty well in our India equity portfolio: The IS50 was up 11% and beat the NSE 500 handily (up just 0.1%).
But it still wasn't good enough for us - not good enough for what we wanted to deliver for your wealth management needs.
That's where our AI- ML models kicked in
Our performance data was analysed by our AI Engine, as it does every single second of the day.
Every data point.
Every structured and unstructured piece of data that went into our AI-ML (Artificial Intelligence/ Machine Learning) model was analysed, re-tests were run, tweaks were done, again re-tests, and so on.
And we then settled on a much improved Portfolio Management Model.
The model that would have delivered 20% in 2019. Yep, that's right!
But wait, it gets better.
This 20% would have been delivered on a diversified portfolio of 40-46 stocks!
(Contrast this with the high risk approach taken by practically all PMS and normal fund managers, where they run hugely risky, concentrated portfolios of 5-10 stocks, in order to deliver even passable returns.)
That shows you the power of our approach.
A widely diversified, risk mitigated model.
And yet, no give up on returns.
And it is this new, improved portfolio model that delivered the pretty decent +9% results in January 2020.
The First Global Edge: Marrying extreme data science + AI + ML, to decades of Human Intelligence
When you combine Human Intelligence with Machine Learning Intelligence, what you get is an ever improving model and portfolio composition that stays relevant in practically all market conditions.
Most human beings will not improve beyond a point.
But human beings combined with machines will keep improving constantly and relentlessly over time.
That's the First Global edge for you: Relentless Improvement
If you want to know more about our Global and India investment products, please drop us an email on [email protected], and we will get in touch right away.
From Your Friends at First Global
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Bipinchandra Dugam @bipinchandra90
invested in both GFF-GTS and Super I50. Thank you very much for such wonderful investing experience with completely new approach. In my 15years of investing first product I felt which close to what customer want.
Shishir Kapadia @shishirkapadia1
by far you are the best, I have not come across transparency, acumen, global expertise, exposure, protection of capital, delivering return from any fund/ fund managers. Invested very small size in 3 products will keep on increasing it over the period