Up 16% in January and a forward look to February There has now been 15 countries easing their monetary policy so far this year by my count, Australia, Russia,...

Up 16% in January and a forward look to February There has now been 15 countries easing their monetary policy so far this year by my count, Australia, Russia, Pakistan, Uzbekistan, Albania, Peru, Romania, Egypt, Turkey, India, Canada, Denmark, Switzerland, Europe and Singapore. These instances of easing are all forcing the value of the USD higher - as interest rates decline around the world and the market continues to expect US interest rates to rise. This expectation being proved inaccurate (rates not rising in the US this year) is the theme we are focussing on and working to ensure we are managing our portfolio risk for. We are short the USD with 21% of the portfolio, owning the GBP, AUD, CAD and YEN instead. Looking to make the rest of 2015 a very big year for our investors. Read more.. (VIEW LINK)