We formed two new model portfolios on 3 March, namely the T40-5SH-MF2 Magic Formula and the Piotroski "Niners".
T40-5SH-MF2 is a quarterly spawn of our T40-5SH forward test series of the Magic Formula strategy and at 168% CAGR is delivering almost as impressive a result as T40-5SH-MF1 (198% CAGR) created on 20th Nov 2008. Go to the Magic Formula blog to see the graphs showing these two 5-share portfolios most recent performance, as well as that of the shares that make them up.
The Piotroski "Niners" was created as a result of the absolutely stunning results that came back from our 14-year Piotroski JSE backtests where the shares scoring full marks for Piotroskis' "F" score delivered a whopping 22,000% growth since 1994. In 20 days since inception this is chugging along nicely at 15% appreciation so far with only 4 shares. Go to the Piotroski blog to see the graphs and underlying shares.
Note that both the Magic Formula and Piotrsoki blogs are for subscribers only. Currently subscriber membership is free for a 2 month trial period, so just email email@example.com for a temporary username and password to access premium content. We are launching our paid subscription service in June 2009.