Upping our exposure to technology and utilities

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

The strategy employs an advanced algorithm that seeks to capture market momentum in an optimized portfolio of US sectors, rebalanced monthly.

Continue Reading Below

For this month, we increased our exposure to the US utilities and technology, reduced allocations to financial and healthcare and eliminated allocations to consumer staples.

We have no investment in the consumer discretionary, energy, materials and industrials sectors.


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

Photo Credit: Matt Buchanan via Flickr Creative Commons//

Subscribe to our once-weekly email newsletter and get the best posts delivered to you in one convenient place, to browse at your leisure://

The post Upping our exposure to technology and utilities 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.