{"id":32281,"date":"2006-09-23T16:56:19","date_gmt":"2006-09-23T20:56:19","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=121"},"modified":"2006-09-23T16:56:19","modified_gmt":"2006-09-23T20:56:19","slug":"mapf-returns-august-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32281","title":{"rendered":"MAPF Returns : August 2006"},"content":{"rendered":"<p>I have been remiss! I haven&#8217;t yet bragged about the results of <a href=\"http:\/\/www.himivest.com\">Malachite Aggressive Preferred Fund<\/a> in August.<\/p>\n<p>The fund returned 1.79% in August, after expenses but before fees. In comparison, the BMO-NB 50 returned 0.86% (I use a third party benchmark rather than my own indices, both because my indices are currently still experimental and because I think casual readers may consider external benchmarks more appropriate for my own product).<\/p>\n<p>This makes the 12-month comparison (MAPF after expenses but before fees) to MAPF: +5.92%; Index: +3.64%. There&#8217;s lots more information available at <a href=\"http:\/\/www.himivest.com\">the main site<\/a>. Past performance is not indicative of future results and you can lose money investing in MAPF or any other investment.<\/p>\n<p>Contributers to the success of the fund in August were:<\/p>\n<ul>\n<li>BAM.PR.J (a long term holding that is still undervalued, according to me) returned 1.955%<\/li>\n<li><a href=\"http:\/\/www.prefblog.com\/?p=28\">RY.PR.B<\/a>, bought near its <a href=\"http:\/\/www.prefblog.com\/?p=19\">July lows<\/a>, returned 1.6633%<\/li>\n<li>PWF.PR.L, bought partially at the issue price (<a href=\"http:\/\/www.prefblog.com\/?p=17\">bargain<\/a>!) and partially on the first day of trading (<a href=\"http:\/\/www.prefblog.com\/?p=54\">bargain! just not so good<\/a>) ended the month up about 2% from the all-in purchase cost<\/li>\n<\/ul>\n<p><!--90753b7e7cbb4dce3a0e85d6f8e223f7--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have been remiss! I haven&#8217;t yet bragged about the results of Malachite Aggressive Preferred Fund in August. The fund returned 1.79% in August, after expenses but before fees. In comparison, the BMO-NB 50 returned &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-32281","post","type-post","status-publish","format-standard","hentry","category-mapf"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32281"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32281\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}