Strategies

Portfolio additions: consumers, financials and healthcare

by Matthew Pierce|Published April 18, 2015

The Island Light Sector portfolio was updated for April as part of our regular monthly rebalancing.

The strategy employs an advanced algorithm which seeks to capture market momentum in an optimized portfolio of US sectors, rebalanced monthly.

For this month, we increased our exposure to the US consumer staples, financial and healthcare sectors and eliminated allocations to materials and utilities.

We have no investment in the consumer discretionary, energy, technology and industrials sectors.

Performance

The following table reflects the performance (net of fees) of our strategy, the S&P and the 9 sector ETFs that comprise our investment universe, through March 31, 2015:

island sector

AUTHOR

Matthew Pierce

Island Light Capital Corporation is an investment advisory and consulting firm that specializes in the development of optimally diversified investment portfolios. Enlightened Investing ™ synthesizes state-of-the-art quantitative investment technology, institutional expertise, disciplined investment processes and intelligent security selection. Our products offer globally diversified target risk portfolios that range from Income to Growth. Via proven methodologies, Enlightened Investing ™ assures our clients will stay on the cutting-edge of innovation while taking comfort in a disciplined process that seeks to maximize returns for any given level of risk. Matthew V. Pierce, founder and portfolio manager, has more than 20 years of investment experience with some of the most innovative institutional investment advisors in the country.

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