Well, it’s been a busy few weeks on every front. The Corona Virus has a very real impact on our stock market for a lot of reasons — I’ll talk more about this tomorrow on my main blog, johnakilpatrick.com.
In the meantime, though, ACCRE held it’s own quite nicely in the wake of terribly choppy waters. As shown below, we lost 1.83% net in February, which of course all happened in the last few trading days. This took our cumulative pricing down from $1.68 to $1.65. In other words, a dollar invested in ACCRE on day one, nearly 3 years ago, would be worth $1.65 at the end of February. In contrast, if that same dollar had been invested in the S&P, it would now be worth $1.25, down from $1.37 a month ago. The non-curated S&P property index fund would now be worth $1.18, down from $1.28 a month ago.
For technical reasons, our graphics aren’t loading today. I hope to update this blog later today with the “$ Invested” chart. In the meantime, I’m happy to report that ACCRE is rebounding nicely in these first few trading days of March, and we’re continuing to monitor our holdings closely. Of course, if we make any portfolio adjustments, subscribers will be informed immediately.