Time to invest in consumer and technology stocks

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

Beginning this month, the strategy invests in sectors identified as potentially attractive positions for an aggressive equity allocation.

consumer

Consumer Staples

Previously, the strategy relied on a proprietary momentum-based algorithm.

For the month, we invested in consumer discretionary and consumer staples, and increased our holdings in technology.

We sold out of utilities and decreased our exposure to healthcare and have no investment in the energy, industrials, and materials sectors.

Performance

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

stocks
Source: Island Light Capital

  Photo Credit: Walmart via Flickr Creative Commons