Dry Powder

Holding cash for opportunistic deployment...

This is our “cash” allocation, at this time executed via ETFs holding short-dated T-Bills. That selection, as opposed to longer duration sovereigns or corporate money market instruments is a choice about safety in the current environment. Yields will be ultra-low but currently positive after fees. There are no foreign currency allocations in this bucket as that is a bet in itself relative to our currency of reference, the dollar.

Allocation to this Thesis is unbounded at the top as it is a residual allocation. Currently the allocation is expected to be well above average, as we anticipate that cash will be among the very top performers in the coming period.

Pynk One Ltd is a company registered in England and Wales (No. 12940786) with the registered office at 20-22 Wenlock Road, London, England, N1 7GU.

Thesis Portfolio is the trading of Pynk One Ltd. Pynk One Ltd (FCA reference no. 942958) is an appointed representative of WealthKernel Limited (FCA reg no. 723719), which is authorised and regulated by the Financial Conduct Authority.

Investing involves risk to your capital. Past performance is not an indication of future results; the value of your investments can go down as well as up, and you may get back less than you originally invested. The information contained herein does not constitute investment advice or investment research and should not be relied upon to make any investment decisions. References to specific assets or securities are included for illustrative purposes and should not be understood as an endorsement or a recommendation to engage in investment activities.

Please invest aware.