Introduction

Welcome to the May 2024 update from Sterling Alpha Group. This month, we are excited to share the performance and insights of our standout strategies: Sage and Gamma Goblin, benchmarked against GVIP, SPY, and QQQ respectively.

Performance Overview

May has been a dynamic month with significant market movements. Our portfolio demonstrated resilience and adaptability.

Strategy Spotlight: Sage

The Sage strategy, benchmarked against GVIP and SPY, leverages fundamental analysis and machine learning, guided by data-driven insights from 13-F filings.

Performance Metrics:

• May Performance: +5.87%
• YTD Performance: +12.64%
• GVIP Benchmark Comparison: GVIP delivered +4.16% for May, Sage outperformed by 1.71%.
• SPY Benchmark Comparison: SPY recorded +6.14% for May, Sage underperformed by 0.27%.

Additional Insights: We continue to refine Sage by expanding our universe and updating the control system, ensuring we stay ahead in identifying valuable opportunities.

Strategy Spotlight: Gamma Goblin

Gamma Goblin, benchmarked against QQQ, focuses on capturing short-term price extremes through advanced quantitative models.

Performance Metrics:

• May Performance: +1.88%
• YTD Performance: +4.04%
• QQQ Benchmark Comparison: QQQ delivered +6.15% for May, Gamma Goblin underperformed by 4.27%.

Additional Insights: Gamma Goblin continues to outperform QQQ over more than two years, successfully capturing volatility and achieving lower drawdowns.

Market Insights

May’s market saw varied movements, providing both opportunities and challenges. Our strategies’ flexibility and advanced analytical capabilities allowed us to navigate these complexities successfully.

Looking Ahead

As we progress into June, we remain focused on leveraging our innovative strategies to capture opportunities and mitigate risks. We anticipate continued market volatility and are prepared to adapt and thrive.

On the R&D front, we are working on dynamic asset allocation, investing in the latest portfolio optimisation methods, and developing a sector rotational strategy.

Conclusion

May has demonstrated the strength and adaptability of Sterling Alpha Group. Our Sage and Gamma Goblin strategies have performed admirably, exemplifying our commitment to innovation and excellence. We look forward to achieving greater heights in the months ahead.

Thank you for your continued trust and support.

Best regards,
Derek
Sterling Alpha Group

For detailed monthly performance data and insights, please visit Sterling Sage and Sterling Gamma Goblin.