March 2023 Net Returns

Please find attached the March 2023 net returns.

The Ossa strategy had to manage CADCHF buy trades whilst the currency pair kept dropping.  It hit a low not seen in 5 years.  Whilst it was waiting for a turnaround to occur, no further trades were opened so it meant the strategy only traded for approximately half the month.

The bots that focus on AUDCAD and NZDCAD did not trade very often through the month which is fine as the trade conditions were not met.  Hence why Black Mountain and Cradle returns were down compared to other months.

This is why it is important spread capital across different strategies as whilst some strategies did not open many trades, Flinders and Kosciuszko had a strong month and this could be put down to the bank issues occurring as EUR and USD where traded heavily.

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Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.

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