I would like to introduce the KVB Total Return Fund. This Fund is dedicated to aggressive returns keeping in mind the market risk at all times. I believe that it’s not what you make in the markets, it’s what you keep. As such, there will be downside protection in the form of diversification, short positions, and derivatives.
This fund will be invested in standard equities, ETF’s, bonds, derivatives, including options, as well as the sports and crypto currency markets. Some investments, like bonds and hard assets like real estate and precious metals, may come in the form of ETF’s or REIT’s. There will, at times, be leverage and investments in leveraged instruments.
This thread will show the positons in the fund and all trades that are made therein. This is a tracking thread.
Sportsbook money will be deducted from the available cash but while sportsbook funds remain idle they will be swept into the money market with the rest of the cash. While fees are low on this account, including many commission free trades through Schwab, the sportsbook money will get the benefit of a small money market rate (that will stay in the cash portion) but won’t be subject to any fees that would be associated with quick money moves to and from a book that would be necessary to trade this way. Instead of incurring fees to bet, the SportsBook Fund has its own holdings. In effect, a wager will be treated like an unsettled trade, using brief margin, before settling positive or negative for tracking purposes and interest earned will remain in cash. Each wager is 1%-2% of the starting bankroll, depending on the SportsBook Fund and strategy being employed.
I may set up a fee tracking column for this, but fees are pretty small here and the trades and plays are what’s important.
As many know, I have different trading strategies for sports and the SportsBook Blended fund in the Total Return Fund is a blend of strategies based on perceived long term value in multiple sports with some short term reactions based on market extremes. This fund will not include every play I make in sports and will not have many plays that counter forecasts, like I often post. The SportsBook fund will be managed by me. Other Sportsbook Funds, with different strategies managed by me, may be “purchased” for this account and any sportsbook strategic funds held will have the plays posted in this thread.
For the positons already in the fund, they were posted here with some thoughts. As you can see, this account has already evolved to become the KVB Total Return Fund…
Good Luck.
This fund will be invested in standard equities, ETF’s, bonds, derivatives, including options, as well as the sports and crypto currency markets. Some investments, like bonds and hard assets like real estate and precious metals, may come in the form of ETF’s or REIT’s. There will, at times, be leverage and investments in leveraged instruments.
This thread will show the positons in the fund and all trades that are made therein. This is a tracking thread.
Sportsbook money will be deducted from the available cash but while sportsbook funds remain idle they will be swept into the money market with the rest of the cash. While fees are low on this account, including many commission free trades through Schwab, the sportsbook money will get the benefit of a small money market rate (that will stay in the cash portion) but won’t be subject to any fees that would be associated with quick money moves to and from a book that would be necessary to trade this way. Instead of incurring fees to bet, the SportsBook Fund has its own holdings. In effect, a wager will be treated like an unsettled trade, using brief margin, before settling positive or negative for tracking purposes and interest earned will remain in cash. Each wager is 1%-2% of the starting bankroll, depending on the SportsBook Fund and strategy being employed.
I may set up a fee tracking column for this, but fees are pretty small here and the trades and plays are what’s important.
As many know, I have different trading strategies for sports and the SportsBook Blended fund in the Total Return Fund is a blend of strategies based on perceived long term value in multiple sports with some short term reactions based on market extremes. This fund will not include every play I make in sports and will not have many plays that counter forecasts, like I often post. The SportsBook fund will be managed by me. Other Sportsbook Funds, with different strategies managed by me, may be “purchased” for this account and any sportsbook strategic funds held will have the plays posted in this thread.
| Positions for KVB Total Return Fund | As of 5/27/2018 | |||||||||
| Symbol | Description | Quantity | Price | Market Value | Cost Basis | Gain/Loss $ | Gain/Loss % | % Of Account | Security Type | |
| AMZN | AMAZO COMMON INC | 4 | $1,610.15 | $6,440.60 | $6,416.95 | 23.65 | 0.37% | 7.67% | Equity | |
| AAPL | APPLE INC | 25 | $188.58 | $4,714.50 | $4,711.70 | 2.80 | 0.06% | 5.62% | Equity | |
| LNG | CHENIERE ENERGY INC | 100 | $62.16 | $6,216.00 | $6,299.14 | -83.14 | -1.32% | 7.41% | Equity | |
| GME | GAMESTOP CORP NEW CLASS A | 200 | $12.67 | $2,534.00 | $2,537.95 | -3.95 | -0.16% | 3.02% | Equity | |
| GE | GENERAL ELECTRIC CO | 200 | $14.63 | $2,926.00 | $2,940.07 | -14.07 | -0.48% | 3.49% | Equity | |
| MSFT | MICROSOFT CORP DISCOUNT | 50 | $98.36 | $4,918.00 | $4,932.70 | -14.70 | -0.30% | 5.86% | Equity | |
| PFE | PFIZER INC | 125 | $35.68 | $4,460.00 | $4,479.95 | -19.95 | -0.45% | 5.31% | Equity | |
| PFFD | GLOBAL X US PREFERRED ETF | 200 | $24.21 | $4,842.00 | $4,840.00 | 2.00 | 0.04% | 5.77% | ETFs & Closed End Funds | |
| USRT | ISHARES CORE US REIT ETF | 100 | $46.77 | $4,677.00 | $4,667.95 | 9.05 | 0.19% | 5.57% | ETFs & Closed End Funds | |
| SCHZ | SCHWAB US AGGREGATE BOND ETF | 100 | $50.51 | $5,051.00 | $5,048.00 | 3.00 | 0.06% | 6.02% | ETFs & Closed End Funds | |
| MORT | VANECK VECTORS MTG REIT INCOME ETF | 400 | $23.38 | $9,352.00 | $9,352.95 | -0.95 | -0.01% | 11.14% | ETFs & Closed End Funds | |
| HYLB | XTRACKERS USD HIGH YIELD COR BND ETF | 100 | $49.40 | $4,940.00 | $4,937.00 | 3.00 | 0.06% | 5.89% | ETFs & Closed End Funds | |
| SBBV | SportsBook Blend Value | 1 | $5,000.00 | $5,000.00 | $5,000.00 | 0.00 | 0.00% | 5.96% | Sports Wagering Funds | |
| Cash & MMK | $22,860.34 | 27.24% | Cash and Money Market | |||||||
| Adjusted Cash | $17,860.34 | 21.28% | ||||||||
| Account Total | $83,931.44 | $66,164.36 | -93.26 | -0.14% | ||||||
For the positons already in the fund, they were posted here with some thoughts. As you can see, this account has already evolved to become the KVB Total Return Fund…
Good Luck.
