Greg Melling @GregMelling: "March Performance Update | Staying..."

Australia

March Performance Update | Staying Calm Through the Storm March was a tough month across global markets, and there’s no point sugar-coating it. After a very strong start to 2026 with +7.56% in January and +8.93% in February, we saw a -11.63% pullback in March, bringing total 2026 performance to +3.54%. The month was dominated by a sharp rise in geopolitical risk, a violent spike in oil prices, inflation fears, and broad risk-off selling across global equities. Markets were hit hard as conflict in the Middle East escalated, pushing energy prices above $100 and forcing investors to rapidly reprice growth, inflation, and interest rate expectations. In environments like this, panic is expensive. Rather than emotional selling, we stayed disciplined and strategically manoeuvred the portfolio through the volatility — trimming weaker exposure, leaning into hard assets, commodities, defense, and businesses with real pricing power. This is exactly why portfolio structure matters. Drawdowns are part of the game, especially when positioning for asymmetric upside in sectors that can experience large swings. The focus now is not on the setback itself, but on how we respond. We absorbed the hit, protected the core structure, maintained conviction, and now we position for the Q2 rebound opportunity. The goal remains unchanged: stay calm, stay selective, and use volatility as fuel for future performance. Sometimes the best move is not to panic — it’s to execute. $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) $URA (Global X Uranium ETF) $PSLV (Sprott Physical Silver Trust) $PAAS (Pan American Silver Corp) $WPM (Wheaton Precious Metals Corp) $SLB (SLB Ltd) $XOM (Exxon-Mobil) $CAT (Caterpillar) $LNG (Cheniere Energy Inc) $SPY (State Street SPDR S&P 500 ETF) @Maantokin @ingjuanm @MaryMahinay @villaresg @jahmikhaiah @JMfun92 @MaeshielD @galestaceylamo13 @mjonahtrazo

Not investment advice. The author may have financial interests in the mentioned instruments.

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