Time to invest in consumer and technology stocks

The Island Light Sector Rotation portfolio was updated at the end of July as part of our regular rebalancing process.

Beginning this month, the strategy invests in sectors identified as potentially attractive positions for an aggressive equity allocation.

Consumer Staples

Previously, the strategy relied on a proprietary momentum-based algorithm.

For the month, we invested in consumer discretionary and consumer staples, and increased our holdings in technology.

We sold out of utilities and decreased our exposure to healthcare and have no investment in the energy, industrials, and materials sectors.


The following table reflects the performance of our strategy (net of fees), the S&P and the 9 sector ETFs that comprise our investment universe, through July 31, 2015:

  Photo Credit: Walmart via Flickr Creative Commons//

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The post Time to invest in consumer and technology stocks appeared first on Smarter InvestingCovestor Ltd. is a registered investment advisor. Covestor licenses investment strategies from its Model Managers to establish investment models. The commentary here is provided as general and impersonal information and should not be construed as recommendations or advice. Information from Model Managers and third-party sources deemed to be reliable but not guaranteed. Past performance is no guarantee of future results. Transaction histories for Covestor models available upon request. Additional important disclosures available at http://site.covestor.com/help/disclosures.