locking in strong gains, paring back equities

We are pleased to share the latest edition of our Investment Insights.

  • At the start of 2019, following the sharp correction of Q4 2018, we recommended aggressively buying equities (please see full report here). Our ETF portfolios are up between 14% and 20% year-to-date and are outperforming by 5% to 6%.
  • Every single one of our ETF portfolios is outperforming significantly on a 12-month, 3-year and 5-year horizon.
  • The risk/return for equities is changing. We have been fully overweight equities for a number of years, we now feel it is prudent to lock in some of the gains for our clients and are moving back to a neutral stance.
  • We are also moving up to a full weighting in bonds, precious metals and cryptocurrency.