Actively managed portfolio and research site announces triple-digit returns over a four-year period.

I/O Fund, a tech research site that actively manages a real-time portfolio, announces returns of 57% in 2023 with a cumulative return of 131% since inception. This compares to popular tech ETFs that have cumulative returns of (-10%) in the same time period for an outperformance of 141% in less than four years.

In 2023, the I/O Fund had seven positions beat the Nasdaq-100. According to the Wall Street Journal’s Winners’ Circle ranking of hedge funds, a performance of 57% would hypothetically rank the I/O Fund portfolio as #4 across 1,191 funds.

Leading AI Allocation Drives Impressive Cumulative Returns

Since its inception, the I/O Fund has rivaled and exceeded Wall Street’s best firms. A few highlights of the I/O Fund’s performance include:

• The I/O Fund’s cumulative returns since inception of 131% compared to popular tech ETFs at (-10%) with a relative outperformance of 141% in less than four years.
• The I/O Fund’s cumulative returns outperformed the Nasdaq-100 by 49% and outperformed the S&P 500 by 68%.
• Since inception, the I/O Fund has a lead over institutional technology portfolios by as much as 157%.
• In 2021-2022 we issued 9 buy alerts for Nvidia with the lowest at $108.51 on October 13th, 2022 for gains of up to 775% in eighteen months.

Impeccable timing on Nvidia and other AI stocks led to the I/O Fund having one of the highest allocations to AI on record at 45%. Previously, our firm was early to cloud in 2019, then rotated into AI in 2022.

Our high allocation to AI of 45% in 2023 was timely as it allowed us to beat Wall Street to the explosive trend of AI. Nvidia was a strong call by our firm and was our largest position at the time of its knockout report. Most importantly, our track record places us as a front runner within this trend, and we are confident we will find additional winners. We exited the year with an AI allocation of 52%.

The I/O Fund began as an experiment to see if a team of retail investors can beat Wall Street. We are setting out to answer the million-dollar or billion-dollar question, which is how to safely participate in tech while limiting the downside. We do not believe this question has been truly answered. Hedge fund managers often pick one tech stock or a few tech stocks and place them alongside a diversified portfolio as a means of limiting the downside. However, tech is the world’s most valuable industry – no other industry offers you the opportunity for life-changing gains repeatedly, year after year. Therefore, diversifying away from tech certainly helps protect the downside but it greatly limits the upside, as well. 

That leads to our mission, which is to offer an all-tech portfolio that participates in the upside yet aims to limit the downside. That’s how we hope to set our portfolio apart. Our comparison chart proves we are off to a great start in answering this problem.

These results were independently audited by an accounting firm in San Francisco. More details can be found on the I/O Fund website.

If you had invested $10,000 with the I/O Fund’s picks versus other all-tech portfolio at inception, the difference would be a portfolio value of $23,052 with IOF versus $8,982 with institutional tech-focused portfolio. The difference in value is 157%.

You can read the official Business Wire press release below. A copy of the verified procedures and the verified performance percentage is shared with I/O Fund customers in the paywall article “2023 Audited Returns.” To become a customer of the I/O Fund, learn more here.2023 Audited Returns.” To become a customer of the I/O Fund, learn more here.

Full Press Release from BusinessWire:

Published March 27th, 2024

I/O Fund, a tech research site that actively manages a real-time portfolio, announces returns of 57% in 2023 with a cumulative return of 131% since inception. This compares to popular tech ETFs that have cumulative returns of (-10%) in the same time period for an outperformance of 141% in less than four years.

The I/O Fund grew to prominence in 2023 due to famously calling Nvidia an AI stock in 2018 and repeating the thesis over 25 times including Tier 1 media appearances. In 2021, the firm publicly stated that Nvidia would surpass Apple to become the world’s most valuable company. At the time, this was inconceivable.

Since its inception, the I/O Fund has rivaled and exceeded Wall Street’s best firms.

• The I/O Fund’s cumulative returns since inception of 131% compared to popular tech ETFs at (-10%) with a relative outperformance of 141% in less than four years.
• The I/O Fund’s cumulative returns outperformed the Nasdaq-100 by 49% and outperformed the S&P 500 by 68%.
• Since inception, the I/O Fund has a lead over institutional technology portfolios by as much as 157%.

These results were independently audited by an accounting firm in San Francisco. More details can be found on the I/O Fund website.

“We are unrivaled when it comes to choosing artificial intelligence winners. Nvidia was our highest allocation, yet there are many other AI winners the I/O Fund is poised to capture. We beat Wall Street to an explosive moment for AI and we plan to beat Wall Street again to other AI leaders,” said Beth Kindig, CEO and Lead Tech Analyst.

Lead Tech Analyst, Beth Kindig, was dubbed “Queen of Nvidia” by Fox Business News when she stated on live TV that her firm was sticking with Nvidia after the company reported a $2.5 billion revenue miss in 2022.

Kindig’s firm sent out 9 trade alerts under $200 for Nvidia in 2021 and 2022 with one trade alert as low as $108.51 on October 13th, 2022 for gains of up to 775% in under eighteen months. Due to Kindig’s unique approach to tech analysis, the portfolio holds a handful of stocks she believes will ultimately become large AI winners.

Impeccable timing on Nvidia and other AI stocks led to the I/O Fund having one of the highest allocations to AI on record at 45%. Previously, the firm was early to cloud in 2019, then rotated into AI in 2022.

“We were early to Nvidia’s AI story and we are confident we will be a frontrunner in finding the next big AI stock. The AI trend is the best investment opportunity of our lifetime, and we offer an invaluable resource to those who want to capture it,” said Beth Kindig, CEO and Lead Tech Analyst.

In 2023, the I/O Fund had five positions with returns over 100% and seven positions beat the Nasdaq-100.

The I/O Fund portfolio manager, Knox Ridley, uses risk management tools such as intermarket analysis, Elliott Wave and Gann theory to increase the resiliency of the portfolio returns compared to a buy-and-hold approach.

“The million-dollar or even billion-dollar question that has yet to be answered is how to not simply participate in tech, which anyone can do, but rather how to safely participate in tech. The I/O Fund set out to be the first to answer this question, which is why our returns significantly outperform buy-and-hold strategies,” said Knox Ridley, Portfolio Manager.

In 2022, the I/O Fund partnered with Vincent Duchaine of WealthUmbrella to develop an automated hedging signal. Duchaine is an A.I. and Machine Learning University Professor who worked with Ridley to create an automated risk-on/risk-off signal for retail investors. The hedge is the primary tool the I/O Fund uses to hold onto gains from AI and other profitable tech trends irrespective of a broader selloff.

Ridley and Duchaine provide exceptional analysis for crypto markets including Bitcoin. The duo published analysis that was prescient in identifying the bottom in 2022 at $16,500 after identifying the previous top in 2021 at around $58,000.

The I/O Fund hires an independent accounting firm to conduct its periodic audits. It reviewed statements from January 1st, 2023 through December 31st, 2023 from the company’s brokerage and blockchain accounts and found no discrepancies.

For more information, including pricing plans for the I/O Fund’s research, visit their website at https://io-fund.com. Premium members access a portfolio of 10+ positions, webinars, institutional-level research, real-time trade notifications and more. The firm also offers a free weekly newsletter.

Commitment to Transparency and Accountability

At the heart of I/O Fund, we believe that transparency is key to our success over the last few years. We keep our members in the loop with real-time trade alerts and audited performance reviews. This raises the bar on accountability as no other retail site goes to these lengths by offering an actively managed and transparent portfolio.

Over the past three years, the I/O Fund has invested over $165,000 into accountability and transparency for our members. When we launched in July of 2019, for the first year or so, we used a forum hosted by Tribe for our trade alerts. By January of 2021, we had migrated to SMS and email tools that were the least likely to experience an outage for our real-time trade alerts. This costs us $30,000 to $40,000 per year, depending on our trading frequency.

In addition to this, we use an auditor from a large firm in San Francisco to mathematically review and verify the performance of our I/O Fund portfolio trading account and crypto account. The process is quite extensive and it takes up to four months to complete. This costs $4,500 per audit and we’ve completed five audits for a total of $22,500 spent on this process.

Premium members can access the verified procedures, verified performance and engagement letter behind our paywall in the article “2023 Full Year Audited Returns.”

I/O Fund Analyst, Beth Kindig, recently wrote “The Importance of Verified Returns and Risk Management for Retail Investors” which identifies three key reasons retail tends to underperform professional investors. The I/O Fund has worked diligently and made sizable investments to empower retail investors by addressing these issues which include automation, risk management tools and being the only retail firm to offer a verified performance.

The I/O Fund Experiment: Empowering Retail Investors

The I/O Fund's mission since inception is to help retail investors beat Wall Street in the competitive and complex tech sector. Our experiment in providing institutional-level research and tools to retail investors has been successful since we first launched in 2019. This includes having a cloud-focused portfolio in 2020, beating our other all-tech portfolios in the tough years of 2021 and 2022, and pivoting to a high AI allocation well ahead of 2023, which helped us triple our performance on a cumulative basis.

If you are ready to optimize your investment strategies, join the I/O Fund Community and experience the advantages of accountability, innovation, and exceptional performance. Subscribe to our premium analysis service to access real-time trade alerts, weekly webinars that review our positions plus the broad market, a forum to connect with other skillful investors, and deep dive research from a Silicon Valley trained analyst who is frequently in Tier 1 media. Learn about our Premium Services here or Explore Pricing Options here.

Please note: The I/O Fund conducts research and draws conclusions for the Fund’s positions. We then share that information with our readers. This is not a guarantee of a stock’s performance. Please consult your personal financial advisor before buying any stock in the companies mentioned in this analysis.