Island Light Sector Rotation Notes (Nov 2014)
November 7, 2014 | Investment Notes
The Island Light Sector rotation strategy was updated for November as part of our regular monthly rebalancing. The strategy employs an advanced algorithm for capturing market momentum in an optimized portfolio of US sectors and is the latest in our series of innovative dynamic portfolio models.
For the month, we increased our exposure to the US financials and technology sectors, and reduced or eliminated exposure to consumer staples, consumer discretionary, healthcare, industrials, materials and utilities sectors. Relative to the S&P 500 sector weights, we are overweight to financials and technology.
For more information about Island Light and its series of model portfolios, please contact us at 508 687 0061.
Matthew V. Pierce, President