Javier Rotllant Miras @jrotllant: "***Portfolio update*** Dear copiers and followers, Quick..."

Spain

***Portfolio update*** Dear copiers and followers, Quick update: We have a year-to-date return of 6.15%, with 1.98% in the last month. Our max risk score for the last 12 months is 4, with an average of 3. Last portfolio movements: • $SDIV (Global X SuperDividend ETF) (global super dividend): Today, I closed a position in SDIP with the goal of rebalancing the portfolio and improving our average entry price. The return was a modest 3.55%, although we had been carrying roughly three times that impact from dividends. • $PALL (Abrdn Palladium ETF Trust) (palladium): Over the past weeks, we closed a couple of palladium trades — one to rebalance with a 7.95% gain and another to lock in profits at 19.66%. I'll keep monitoring this asset for new opportunities. • $XOP (SPDR S&P Oil & Gas Exploration & Production ETF) (oil & gas exploration and production): Similar to the previous update, over the last few weeks, we closed two positions: one to rebalance the portfolio with a 7.18% return, and another to capture profits with a 19.17% return. We’ll continue monitoring this asset, which has been a major beneficiary of the tensions in the Middle East. • $USDMXN (USD & Mexican Peso): This has been the one asset I’ve struggled with the most in recent weeks within our portfolio, primarily due to the dollar’s weakness and the peso’s strength. We still have one order remaining to reach our maximum exposure, but I’m holding off to see how it unfolds. Beyond that, I don’t plan to increase our exposure further Our portfolio structure and strategy (mainly in ETFs): • Bonds: ~42% • Commodities: ~6% • Equities: ~18% • Real State & infrastructure: ~3% • Volatility index: ~6% • Forex: 6% Overall, I’m very comfortable with how the portfolio is reacting to these times and global tensions. The only asset that has underperformed somewhat is USDMXN, but for now, we continue working with patience, spotting new opportunities, and capturing profits by always following the plan and defined targets. Next fund contribution: 01/10/2025 (around 2.5%) Let’s keep winning! Best, Javier