Island Light Sector Rotation Notes (August 2014)
August 3, 2014 | Investment Notes
Sector Rotation Notes, July 2014
The Island Light Sector rotation strategy was updated for the month of June as part of our regular rebalancing. The strategy, which employs an advanced algorithm for capturing market momentum in an optimized portfolio of US sectors, is the latest in a series of innovative dynamic portfolio models offered by Island Light. For the month of August, we increased our exposure to the US consumer staples, energy, industrials, materials, and technology sectors, reduced exposure to financials, and eliminated investments in the utilities, healthcare and consumer discretionary sectors. We increased our overweight to consumer staples relative to the S&P index weights.
The following table reflects the performance of our strategy, the S&P and the 9 sector ETFs that comprise our investment universe, through July 31, 2014:
Please ntoe that the performance of the Sector Rotation Strategy does not include investment management fees, which would reduce the performance of the strategy,
For more information about Island Light and its series of model portfolios, please contact us at 508 687 0061.
Matthew V. Pierce, President