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.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.
