Blue Heron Systematic Portfolios
Key Takeaways: Our systematic asset allocation model has reduced exposure to Fixed Income and further increased exposure to Commodities.
Composite: While trends are rising across the board, this months asset allocation shift reflects the movement in the ratio between Bonds and Commodities. The relative trend now favors Commodities.
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Download the entire update to review the stand alone Equity and Fixed Income Portfolios.
Sectors Rotation: Our Blue Heron Sector Rotation Portfolio continues to avoid Utilities and Energy. Health Care and Consumer Staples are also underweighted in the model relative to their long-term average exposure.
