In 2017, the Income and Growth investable benchmark portfolio gained 15%. The three leveraged investable benchmarks delivered extraordinary gains of 28% to 72% for the year.
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January 2017 To Investors: In 2016, the Income and Growth investable benchmark gained 5%. The global equity (VT) and real estate (VNQ) asset classes both delivered 9%, while long-term Treasuries (TLT) rose by 1%. The new leveraged Income and Growth portfolios gained 10% to 12% for the year. We estimate the trailing 10-year annualized returns were more »
January 2016 To Investors: In 2015, global equities (VT) fell by 2%. Domestic (VTI) and foreign developed equities (VEA) were flat, while emerging markets (VWO) lost 16%. Real estate (VNQ) and medium-term treasuries (IEF) both delivered relative outperformance with each gaining 2% for the year. The biggest decline was in commodities (GSG) which fell by more »
January 2015 To Our Clients and Prospects: In 2014, global equities (VT) gained 4%, led by U.S. equities (VT) which rose 13%. Foreign markets underperformed, with foreign developed equities (VEA) down 6%, and emerging markets (VWO) down 1%. Real estate (VNQ) and long-term treasuries (TLT) both delivered strong returns with respective gains of 30% and 27%. more »
January 2014 To Our Clients and Prospects: In 2013, global central bank easing drove a 33% gain in U.S. equity amid fears of Federal Reserve stimulus “tapering,” and an ongoing debt-ceiling crisis. Emerging markets (VWO) underperformed with a 5% loss, leaving global equity (VT) up 23% for the year. Biotech (IBB) was among the more »
Don’t Fight The Fed
Long-term treasuries again
ETF PM’s 2010 performance
ETF PM discusses 2009 performance.
July 2009 How was ETF PM Positive in 2008? Following a 12-year decline in the S&P 500, investors are looking for strategies capable of positive returns in down markets as well as long-term outperformance. One strategy that clearly stands out is called “trend following”: this rules-based investment approach has been successful in the financial markets more »