Major Trend Index strengthened in April; net equity exposure increased to 61%
Major Trend Index Neutral: Equity Exposure Remains 52-53%
We increased equity exposure back above 50% in mid-November as a result of the MTI returning to Neutral.
Major Trend Index turned negative and as of early October, we are now targeting 40% net equity exposure.
Net equity target is 55%; waiting for clearer signal from our Major Trend Index (currently rated Neutral).
Both Portfolios lagged all-equity benchmarks in June; but still ahead YTD.
Both Portfolios matched their all-equity benchmarks in May, and are outperforming YTD.
Both Portfolios ahead of their all-equity benchmarks YTD.
The Major Trend Index remains positive, and our portfolios continue outpacing the market. Net exposure is 65% in both the Core and Global portfolios.
The Major Trend Index remains positive, and net exposure is 65% in the Core and 64% in Global.