Value at beginning of month: $156,453.21
Value at end of month: $168,637.53
Month over month change: +7.79%
Total IRR: 37.67%
Related indices, monthly change
IVV (iShares Core S&P 500): +3.20%
IBB (iShares NASDAQ Biotechnology Index): +5.87%
MXI (iShares Global Materials): -2.63%
VEGI (iShares MSCI Global Agriculture Producers): +0.76%
ICLN (iShares Clean Energy): -4.18%
August was extremely good for the index, outperforming all comps in the general market. The performance wasn’t driven by any single company; there were many with 20% - 30% gains. Leading the pack was uniQure, which grew news that they started dosing for its lead compound’s phase 2b trial. Another company to watch is Codexis, which continued its phenomenal year with another good month, growing another 25% in August and approaching a $1 billion market cap for the first time ever. This company has gained almost $600 million in value since the beginning of the year.
Changes made to index
You can view the index here.
Allocation as of September 17, 2018