Strategies

Here are the sectors we’re overweighting

by Island Light Harbor Series|Published October 6, 2014

The Island Light Sector rotation strategy was updated for October as part of our regular monthly rebalancing.

The strategy, which employs an advanced algorithm for capturing market momentum in an optimized portfolio of US sectors, is the latest in a series of innovative dynamic portfolio models offered by Island Light.

consumer-staples-stocks

For the month, we increased our exposure to the US consumer discretionary, consumer staples and utilities sectors, and reduced exposure to financials, healthcare, materials and technology sectors. Relative to the S&P 500 sector weights, we remain overweight to utilities, industrials and materials.

Performance

The following table reflects the performance of our strategy, the S&P and the 9 sector ETFs that comprise our investment universe, through September 30, 2014:

Photo caption: Zeb Andrews via Flickr Creative Commons

AUTHOR

Island Light Harbor Series

Covestor and Island Light Capital together offer three low-cost investment strategies geared specifically for accounts of $20,000 or less. The strategies -- Island Light’s “Harbor Series” -- use Island Light’s disciplined investment framework to offer globally diversified target risk portfolios. Island Light Founder and President Matthew V. Pierce manages the strategies, leveraging more than 20 years of investment experience.

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