🚀November 2024: Performance Update
As November wraps up, we’re pleased to present a fresh look at how Splint Invest’s alternative assets performed over the month. This month brought a mix of predictable trends, surprises, and noteworthy exits, underscoring the benefits of a diversified portfolio. Below, we explore key performance highlights, top categories, standout investments still available, and how Splint stacks up against traditional markets.
The highlight of the month was of course the exit managed by our Expert Artemundi:
🚀Salvador Dalí’s Hidden Faces, 1952, was exited in December 2024 after 1.1 years, achieving a net profit of 12.8% (annualized 12.7%). Splint expert Artemundi has achieved 3 successful exits averaging 14.6% in just 9 months. Simultaneously Artemundi launched the next offering, representing a superb paperwork by the renowned artist Joan Miró.
📊 November at a Glance: Category Performance Overview
November delivered varied results across categories. Here’s a snapshot of performance:
While art led gains at +1.3%, with strong YTD growth at +12.8%, sport cards continued their rally, bolstered by auction records. In contrast, diamonds faced demand challenges, declining -4.5%, and precious metals dipped after stellar gains in October but retained a robust +5.2% YTD. The wine market remains tricky, with no meaningful demand increases, while watches showed signs of recovery as standard models experienced slight price upticks, hinting at a potential turnaround.
🌟 Top Categories: Art, Sneakers, and Whisky
🎨 Art (+1.3%): Art remains a cornerstone of Splint’s portfolio, consistently delivering returns. The standout this month was Fika Leon’s Study of Face 3 and 4, up an impressive +9.50%, thanks to a strategic purchase at 25% below gallery prices.
👟 Sneakers (+0.7%): The sneakers category continued its strong showing. The Nike SB Dunk Low – What The Dunk led gains with a surge of +8.96%, driven by competitive purchase pricing below market rates.
🥃 Whisky Casks & Bottles (+0.7% and +0.6%): The holiday season fueled steady gains in the whisky category. The Macallan Mizunara whisky bottles, released in November 2024 rose +4.15%, reflecting Splint’s skill in identifying below-market opportunities. Whisky casks like Craigellachie 15YO climbed +1.02%.
🔍 Standout Assets You Can Still Invest In
- 🎨 Banksy - Happy Choppers (+1.9%): Acquired below recent auction averages and secondary market prices for signed prints in pristine condition, this piece represents a solid opportunity.
- 🚗 DeLorean DMC-12 (+1.4%): The iconic Back to the Future car is poised for growth, with an upcoming 40th anniversary expected to drive prices higher.
- 🎨 Philip Tsiras - Desert Storm (+4.2%): Purchased 31% below market value, this artwork’s conservative markup suggests significant upside potential in the coming months.
📈 Unexpected Trends and Emerging Opportunities
Holiday trends drove gains in categories like LEGO and one champagne bottle. The LEGO Star Wars Bundle rose +5.61%, while Dom Perignon Lady Gaga Rosé increased +7.6%.
📊 Benchmarking: Splint vs. Traditional Markets
Traditional markets rallied post-US elections but remain volatile. Here’s the performance breakdown:
- SMI: +0.88%
- S&P 500: +9.34%*
- DAX: +2.88%
- EuroStoxx 50: -0.48%
- Gold: -0.67%
*The nominal performance for S&P 500 is +5.7%, but we also took FX dynamics into consideration and recalculated it into Euros.
Splint’s alternative assets averaged +0.1%, led by art, sneakers, and whisky, while challenges persisted in diamonds and wine. Our platform continues to demonstrate the power of diversification in navigating market volatility.
🏦 Key Takeaway: A Month of Opportunities in Alternative Investments
November showcased the strength of Splint’s alternative assets. From art’s steady performance to holiday-driven gains in LEGO and whisky, the platform offers diverse opportunities for every investor’s goals. The categories with the worst performance are those with only a few assets, which represent a fraction of the total portfolio and have limited impact on overall performance. Explore the possibilities and invest in the future today!
Since October has now passed and we’re already into November, we’re excited to share Splint Invest’s monthly performance update. While some asset categories experienced seasonal slowdowns, others remained steady, showing strong growth. This update provides insights into key asset pricing, highlighting top performers and new investment opportunities.
As we wrap up August 2024, it's time to look back at how Splint Invest's alternative assets performed over the past month. While some categories faced expected slowdowns due to seasonal trends, several key assets demonstrated resilience and even notable growth. In particular, Pokémon cards, sports memorabilia, and sneakers outshone many traditional asset classes.