I/O Fund Outperforms Leading Active Tech Funds in 2021
April 24, 2022
I/O Fund Outperforms Leading Active Tech Funds in 2021
Despite a difficult year for tech stocks, the I/O Fund releases exceptional 2021 results
This press release was originally published on Apr 20, 2022 on Business Wire.
SAN FRANCISCO, CA – (BUSINESS WIRE) – I/O Fund, an actively managed tech portfolio that provides in-depth stock investing research and real-time trade alerts for retail investors, announces a 11.4% return for 2021 and 141% cumulative return from its inception through December 31, 2021. Both figures do not include dividends. These returns were independently audited, and prove I/O Fund’s expertise in the world of tech.
I/O Fund’s success comes from being first to trends and confidently holding high allocations. In 2021, the all-tech portfolio held an allocation of 30% across leading semiconductor companies and 20% in blockchain assets. The I/O Fund was able to pull ahead of institutional competitors by tactfully selecting leading tech stocks that outperformed in a year when high beta was out of favor.
The 2021 annual report reflects the I/O Fund’s fluency in technology during a turbulent year for tech stocks as the +11.4% returns were nearly 40% higher when compared to popular tech ETFs. On a cumulative basis, the I/O Fund more than doubled the returns from popular tech ETFs since inception.
CEO & Lead Tech Analyst Beth Kindig has been covering crypto since 2013, which predates the Ethereum network. Kindig’s in-depth expertise helped the I/O Fund confidently add blockchain positions to an audited stock portfolio with large allocations. The company entered Bitcoin several times in 2020, with entries ranging in the $7,000s - $20,000s, and the I/O Fund rightly trimmed their exposure in Q1 of 2021 in the $52,000 to $58,000 range before the large correction began. I/O Fund premium members were notified of their every move through real-time trade alerts.
Kindig has also written extensively on Nvidia, predicting that the company would become a leading artificial intelligence stock even when data center revenue was declining. She is a regular contributor to Forbes where she stated Nvidia would become one of the world’s most valuable companies. The I/O Fund leveraged her unique predictions across three additional semiconductor companies, which helped insulate the I/O Fund from weakness in the tech sector.
Sign up for I/O Fund's free newsletter with gains of up to 403% - Click here
“We firmly believe that tech will generate life-changing gains on Wall Street into the foreseeable future,” says CEO & Lead Tech Analyst Beth Kindig. “We strive to become a valuable resource — and an important alternative to ETFs —- for individuals and funds who are determined to participate in this highly rewarding, albeit volatile, sector.”
The company also called the two best performing cloud stocks of 2021 – Asana and Datadog. The I/O Fund sold into strength several times, then finally closed their position in Asana with a 286% gain. Datadog was initially bought during the Covid lows at $34.90 with I/O Fund Portfolio Manager Knox Ridley adding to the position several times in 2021, which went on to provide an 80% gain for 2021.
“Our success is largely due to allocations and position sizing,” says Portfolio Manager Knox Ridley. “We were not immune to the tech selloff, rather we use risk management to reduce its impact. Ultimately, we are committed to the tech sector as the world’s leading industry even amidst the current macro headwinds, as we believe the time to be accumulating tomorrow’s FAANGs is when the market is selling out of them.”
The I/O Fund hires an independent accounting firm to conduct its periodic audits. It reviewed statements from January 1st, 2021 to December 31st, 2021 from the fund’s brokerage and blockchain accounts and found no discrepancies.
The I/O Fund publishes institutional-level research in a free weekly newsletter. Premium members have full access to a completely transparent portfolio of 20+ positions, webinars, institutional-level research, real-time trade notifications, and more.
For more information about I/O Fund, please visit: https://io-fund.com/premium-services-sign-up
For media inquiries, please reach out to Emma Percy, Marketing Communications Manager, at email@example.com.
Gains of up to 403% from our Free Newsletter.
Here are sample stock gains from the I/O Fund’s newsletter --- produced weekly and all for free!
+344% on Nvidia
+403% on Bitcoin
+218% on Roku
*as of March 15, 2022
Our newsletter provides an edge in the world’s most valuable industry – technology. Due to the enormous gains from this particular industry, we think it’s essential that every stock investor have a credible source who specializes in tech. Subscribe for Free Weekly Analysis on the Best Tech Stocks.
If you are a more serious investor, we have a premium service that offers lower entries and real-time trade alerts. Sample returns on the premium site include 324% on Zoom, 601% on Nvidia, 445% on Bitcoin, and 4-digits on an alt-coin. The I/O Fund is audited annually to prove it’s one of the best performing Funds on the market with returns that beat Wall Street funds.
More To Explore
Podcast on Cloud Stocks: Consumption Model Vs. Subscription Model
In October, we talked with Jeremy Owens of MarketWatch on a Barron's podcast about the consumption model versus the subscription model. With Snowflake reporting this week, it's a good time to revisit
Nvidia Stock: Evidence Gaming Bottomed And Why It’s Important
The new Ada Lovelace architecture uses 76 billion transistors and a 4nm production process. In the keynote, the CEO stated: ‘Nvidia engineers worked closely with TSMC to create the 4N process optimize
The Low is in for Bonds, As Well As Most Stocks (For Now)
Last week, the market went through one of the largest intraday swings since the bear market began in 2022. Since then, we have reclaimed that high. The question is: what does this mean for the market
We'll know this week if the low is in
Capitulation seems to be taking hold in many tech stocks, specifically in the SaaS/Cloud space. The market has been trained to look to tech, specifically FAANGs, as the sector to lead. However, what i
FAANGs are not Leading this Market Lower
Panic selling commenced in the broad market after the FED's recent attempt to stop a rally. Interestingly, the bond market doesn't seem to buy it, nor do many key value stocks in the U.S. The divergen
Meta Stock: The rising expenses and Capex are worrying
Meta shares nosedived 25% after the company's recent Q3 results. Meta's expenses are rising and the company is seeing softer revenue growth and softer margins. The slowing advertisement revenue has fo
Netflix Stock Will Be A FAANG Again
Netflix lost it’s status as a FAANG when the stock fell from a $300 billion market cap to a $100 billion market cap this year. My firm entered Netflix in August as we fully expect the stock to become
This Bear Market Rally has much Further to Go
Markets do not top together, nor do they bottom together. For this reason, identifying the leading markets can help you stay ahead of the trend. We continue to see evidence of these divergences, which
Divergences Point Toward Market Moving Higher (Technical Analysis)
Divergences are important to track. There is always a leading market that can provide advanced warning that a top or bottom is ahead. For example, from the COVID low in 2020 through February of 2021,
Sentiment and Divergences are Pointing Up
The stock market continues to power higher on the heels of bad news. We are up over 6% since the CPI reading signaled that inflation is stickier than hoped. The last time we saw the broad market ignor