BSTZ - BSTZ: A Macro Play At This Stage
- BSTZ is a technology equities CEF with a global allocation mandate.
- The fund achieved stellar results in 2020 and 2021, stimulated by a zero rates environment and a voracious appetite for growth names from the investment community.
- Down almost -50% year to date, BSTZ is the victim of capital leaving the speculative pockets of the equities market at an accelerated pace.
- With the ultimate neutral Fed Funds rate still being established by the market and peak inflation not here yet, BSTZ's components will continue to be under pressure.
- This article covers CEFs from our suite of products - we focus on macro portfolio allocation, CEFs, and yield-generating options strategies, targeting overall yearly portfolio returns of 9%+.
For further details see:
BSTZ: A Macro Play At This Stage