precious metals boost SWM ETF portfolios in August 2019
Secure Wealth’s ETF portfolios performed in-line with benchmarks in August 2019 and are showing outperformance of between 3.3% and 6.4% year-to-date. The exception is the SWM fixed-income portfolio, which is outperforming by 0.6%. Every single one of our 5 ETF strategies is significantly outperforming on a 12-month, 3-year and 5-year horizon (see page 2 of the fact sheets, link below). Our addition of gold and platinum to the ETF portfolios was a strong support to performance during the month.
After several years at full overweight, we pared back the equity weighting in all our ETF portfolios to neutral in August (please see our Investment Insights August 2019). This was partially to lock in the significant gains we have made for clients in recent years and the very strong outperformance in 2019 so far. Global recession risk and trade war escalation mean that the risk/return for equities is somewhat less attractive. Note that we are NOT turning bearish on the market, as some clients have suggested.
Our technical and network analytics signals confirm that the intermediate uptrend is intact. Following the mini-correction of summer 2019, there have been strong indications of resurgent demand and we expect equity markets to go on to test previous highs in the next months.
Please follow this link to read Secure Wealth Management’s monthly ETF portfolio review for August 2019.