PORTFOLIO PERFORMANCE
The portfolio ended December 2023 with ~$270,500 assets under management, up from ~$169,000 at the end of April 2020, yielding a CAGR of approximately 13%.
As of December 2023, an investment in Blyth slightly underperforms the S&P 500 index.
PORTFOLIO ALLOCATION
The current Blyth Fund portfolio is concentrated in a variety of sectors, particularly technology, financial services, and airport services, but saw significant diversification this past year. The fund holds a relatively large position in the SPY ETF and has taken advantage of the Schwab U.S. Treasury Money Fund (SNSXX) to reap current income on cash yet to be invested in other instruments.