Linked below are the latest Morningstar® Investment Detail Reports for the Portfolio Shield™ family.
Even though Treasury bonds rallied over the last six months, the three equity indices in the strategy had a higher six-month price return, meaning the U.S. Treasury bond hedge was removed from the strategy for July. As a reminder, all strategies are rebalanced on the first trading day of each month and at that time, any new monies are invested according to the model strategy you are invested in.
Due to the increase in smaller balance accounts, lower-priced ETFs have been added to the models to substitute the primary Exchange-Traded Fund (ETF) for those who don’t have a large enough account balance to hold the full model of ETFs. This change went into effect on July 2nd and the strategy was rebalanced a second time to incorporate this update.
If you have any questions or would like to change which Portfolio Shield™ strategy you are invested in, please let me know.
Thank you,
Steven Van Metre, CFP®
