Asian Century Stocks

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Portfolio update June 2022

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Portfolio

Portfolio update June 2022

Weak monthly performance due to the falling yen and a correction in the share prices of commodity stocks. Estimated reading time: 14 minutes

Michael Fritzell
Jun 30, 2022
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Portfolio update June 2022

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Disclaimer: This article constitutes the author’s personal views only and is for entertainment and educational purposes only. It is not to be construed as financial advice in any shape or form. Please do your own research and seek your own advice from a qualified financial advisor. From time to time, the author may hold positions in the below-mentioned stocks consistent with the views and opinions expressed in this article. I have positions in all of the below stocks at the time of publishing this article. This is a disclosure - not recommendations to buy or sell stocks.

Portfolio update

Ouch. A significant setback compared to the previous month.

The portfolio is down -7.2% over the past month and +1.9% since its inception last October in US Dollar terms.

What went wrong?

  • The US Dollar has gone on a relentless rise against almost all Asian currencies. The Japanese Yen, in particular, is down 6.3% MoM, and the portfolio had almost 1/3 exposure to the Japanese market. And most other curr…

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