Perfect for DIY share market investors, the ASX Event Strategy aims to profit from company events, irrespective of market conditions and investing experience. We believe that specific market events can provide an opportunity, from which we can earn a low risk profit in a relatively short period of time. One example of an event we may choose to capitalise on is a company takeover. When a company receives a takeover bid, we analyse the conditions of that bid and, if it fits our event strategy’s requirements, we’ll make a buy recommendation to our clients. Other events which may trigger market activity include that of schemes of arrangement,4 buybacks5 and wind-ups6
The event strategy is Rivkin’s longest running strategy and produces a performance profile that has both low volatility and is largely market independent. Over the past five years, we have closed 59 trades, 75% of which were profitable with an average profit of 6.6%.
The returns of the event portfolio are slightly under general market returns however the volatility is much lower. The event portfolio often continues to perform well even during bear markets.
*Past performance is no guarantee to future performance. ^Rivkin advise you not to rely solely on back tested data or statistics in order to make any trading decisions. We suggest you contact our relationship managers to arrange access to our live membership site on trial basis. Here you will be able to view all actual historical trading recommendations (and results) provided to clients over the last 20 years which can be used to inform your own assessment of the potential returns based on your individual situation.
As these events are based on market conditions that are out of our control, we can’t guarantee the number of recommendations you’ll receive. As a general guide, however, you can expect to receive around 10 event trade recommendations per year.
*Past performance is no guarantee to future performance
|Item||ASX Value||ASX Blue Chips||ASX Momentum||ASX Income||ASX Event||US Momentum||US Value||US Long/Short||FX & Liquid Market|
|Average No. of Trades Per Year||29||19||24||2||10||48||46||36||120|
|% Positive Months||68%||66%||67%||74%||89%||60%||61%||59%||59%|
|Average Monthly Return||1.38%||0.97%||2.12%||0.22%||0.12%||1.59%||1.24%||1.09%||1.02%|
ASX Event Trades
|Status||Stock Name||Code||Entry Month||Entry Price||Distributions Paid||Exit Month||Exit Price||Gross Return (%)|
|Closed||The Reject Shop||TRS||Dec-19||$2.75||$0.00||Mar-19||$2.70||-1.8%|
|Closed||Trade Me Group Ltd||TME||Dec-18||$6.07||$0.00||May-19||$6.06||-0.2%|
About the Strategy
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