SWM ESG portfolio fact sheets April 2018

SWM’s ESG portfolios showed significant gains during April 2018, with increases between 2.5% and 4.5%, and outperformance of approximately 3% in the month. The exception was the fixed-income portfolio (in-line with benchmark, down 1.67%). Every SWM ESG portfolio is outperforming on a 12m, 3-year and 5-year view. In April, we added a small allocation (3%) to cryptocurrency across all SWM portfolios bar fixed-income, mainly as a portfolio diversifier. The month was notable for the strong declines in the fixed-income market, where US rate rises and returning inflation continue to spook investors. We remain underweight fixed-income. Conversely, the equity bull market remains intact, according to our various technical, fundamental and network analytics signals. During April, there were signs that the massive supply which came onto the market in recent months was reaching its end. We believe the market may reach new highs in the coming months, and retain an overweight position in equities. The biggest risk to this view remains a positive inflation surprise, which could lead to a sharp correction in both equity and bond markets.

Please follow this link to read Secure Wealth Management’s monthly ETF portfolio review for April 2018.