Since March 15th, S&P 500 index dropped 10.37%. The broader Barclay Equity Long/Short index is pretty much flat. FocalEquity Long/Short Strategy delivered via FocalEquity Alerts & Analytics managed by Idan and Tze delivered a 5.6% overall portfolio return YTD with an annualized return of 19.10% net of transaction fees.
We closed 62 positions – 30 long positions and 32 short positions. Nine of them were closed with losses and 53 closed with gains, making the overall success rate 85.48%. The average holding period per position is 10 days. Below is the full list of our closed positions as of 06/30/2010
