FRD - Deep Value Index Outperforms Nasdaq 14.6% Year-To-Date - Model Portfolio Update

Posting another excellent month, a selection of micro-caps according to Benjamin Grahams NCAV criteria returned 8% during the period of July 21 - August 27, while beating the S&P 500 (+6.7%). The portfolio, however, lagged the Nasdaq by 2.7 percentage points, as show in the table below.

Source: Author analysis.

For readers interested in the selection criteria (and more background concerning Net-Nets in general) for the model portfolio discussed below, please refer to my previous article.

Accumulated returns

Year-to-date ((YTD)), Net-Nets still lead both major equity indexes by a significant margin, as shown below, Net-Nets

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