Strategies

Time to invest in consumer and technology stocks

by Matthew Pierce|Published August 10, 2015

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:

Photo Credit: Walmart 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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