May 2012 FMx Dynamic Equity ISM
Friday, May 4th, 2012
The FMx Dynamic Equity ISM seeks capital appreciation without regard to current income. The strategy primarily uses no-load institutional and exchange-traded funds. The portfolio is divided into 4 distinct segments. Each is designed to take advantage of those sectors and areas of the market that offer the best opportunities for good returns based on the [...]
Strategy Diversification
Wednesday, May 2nd, 2012
Our ten investment strategy models (ISMs), which are blended to create Optimized Portfolio Models (OPMs), provide the benefits of diversification through differing market conditions. The last year has been marked with uncertainty, and although the markets have moved upward, there have been very few periods of overly strong trends, either up or down. In fact, [...]
FMx Premier Asset Management Investment Strategy Model (ISM)
Wednesday, April 25th, 2012
The FMx Premier Asset Management Investment Strategy Model (ISM) identifies outstanding global investment managers who have a proven performance record of at least 5 years and a methodology for risk management. The month to date return is -1.09% versus -2.09% for its benchmark, the S&P Global BMI. The year to date return is 10.19 versus [...]
FMx Tax Managed OPMs
Monday, April 16th, 2012
The FMx Tax Managed Objective Portfolio Models have the objective of generating tax free income and tax managed appreciation over a long time horizon with differing degrees of portfolio risk. There are six portfolios including Aggressive, Moderately Aggressive, Moderate, Moderately Conservative, Conservative and Protective. The FMx Tax Managed Protective Model consists of approximately 90% fixed [...]
November 22nd Equity Portfolio Update
Equity asset allocation portfolios are trailing the SP500 by close to 400 basis points, year to date. Morningstar’s aggressive target allocation model is down 7.35% while the SP500 is down 3.39% through yesterday’s close. The Morningstar model utilizes Ibbotson to build its strategic profile.
Primary asset classes in the Morningstar model, in comparison to domestic large caps, have suffered greatly in 2011. Small and mid-cap domestic stocks are down 9.43% and 5.73% respectively. Large International holdings are down 15.45% while Emerging Markets have plummeted 19.10%.
It has been a year in which flight to quality has paid greatly, both in equities and bonds, as US large-cap stocks and US treasuries have outpaced alternatives. As we continue to battle this secular bear market, we feel it is most prudent to try and capture opportunities as they present themselves, but tilt defensively when the horizon is unclear.
This article, written by Gregory Rutherford, Chief Investment Officer, was originally published at FolioMetrix LLC .