• Willow Oak Advisory

Ubique | July 2020 Update

July delivered one of those months where everything just lined up right where we wanted to be. Gold broke to new all-time highs, continuing to push up our gold position, a stimulus package helped push up our financial sector holding, and weakening economic data helped push up our bond positions. This now puts us up over 14% up on the year, with the SPY now in positive territory for the first time this year at 5.47%. All considered, for what has happened so far this year, calling it a day right now on 14% for the year with less drawdown than experienced with the SPY would be a success by most standards, however as an absolute return strategy, we will continue to push on as per the strategy demands.

Into August, we will be holding no exposure to the market. Our Golden Ratio Strategy is still favouring gold over the market, our Sell in May Strategy has us holding long term bonds, and even our Seasonal Sector Rotation Strategy has us holding long term bonds this month.

In other news, in August we are going live and are starting to build up our track record, As such, we will be updating the website each month with those figures, probably in the form of the PnL sheet that the broker provides, so it’s there in its raw form for inspection. I am sure in time, we will think of a better way of publishing these numbers, but that is a task for another day.

If of interest, our latest Podcast episode deals with the survivorship bias issue we suffered recently in our testing, and goes into further detail than what was touched on last month in the monthly update email.

That’s about it for the moment, next month we should have our first month of track-record which we will start to flesh out and help build our pitch-deck.

For more in depth analysis, everything is on the website for inspection (

Until next time, stay safe and swing easy.

63/66 Hatton Garden

Fifth Floor, Suite 23



United Kingdom

+44 (0) 203 633 6961

  • LinkedIn - White Circle
  • Twitter - White Circle
  • Facebook - White Circle

​This website should not be regarded as an offer or solicitation to conduct investment business. Past performance of investments is not necessarily indicative of future performance. The value of investments may fall as well as rise and the income from investments may fluctuate and is not guaranteed. Clients may not recover the amount invested. The investments mentioned on this website are not suitable for all types of investors. Investment advice should always be sought from a qualified investment adviser before any investment is made.

Trading and investing can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

There is considerable exposure to risk in any investment transaction. Any transaction involving securities involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged possibility of trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in markets it is advisable to use only risk capital.

© Copyright 2021 Willow Oak Advisory. All Rights Reserved