We ended this month of June as being one of the most successful in our track record since inception of our running strategy Arion. Despite the fact that the strategy was out of the market for one week and running at low exposure for another two due to the BREXIT situation, Arion was able to finish the month with a return of 10.4% for that month, elevating to 17.9% the return for the whole year and bringing us on a half-year performance on track with our target for the strategy.
In points/pips captured from the market this month was by far the most profitable month with 1478 pips captured, reinforcing the robust nature of the strategy that makes profits based on true market returns and not risky approaches such as grid or martingale.
This result allowed us to fully recover from the drawdown he had early this year, meaning that in a worse case scenario a customer who had invested at the peak one day before the decline, would have by now completely recovered his invested capital and would be in positive returns for the year already.
We hope to be able to keep on a sustainable path with more of such months until the end of the year with limited risk on the downside.