Strategies

Upping our exposure to technology and utilities

by Matthew Pierce|Published May 15, 2015

The Island Light Sector Rotation portfolio was updated at the end of April as part of our regular monthly rebalancing process.

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

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

technology

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

Performance

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

island-sector

Photo Credit: Matt Buchanan via Flickr Creative Commons

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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