Re-balance Cycle Reminder All MyPlanIQ’s newsletters are archived here.

For regular SAA and TAA portfolios, the next re-balance will be on Monday, March 18, 2019. You can also find the re-balance calendar for 2019 on ‘Dashboard‘ page once you log in.

As a reminder to expert users: advanced portfolios are still re-balanced based on their original re-balance schedules and they are not the same as those used in Strategic and Tactical Asset Allocation (SAA and TAA) portfolios of a plan.

Please note that we now list the next re-balance date on every portfolio page.

‘Bad’ Tactical Strategy

It goes without saying that our Tactical Asset Allocation(TAA) portfolios have been hit hard recently. Some screamed that ‘whipsaws killing us’. Many are wondering whether this strategy can recover. In this newsletter, we want to closely look at this in a historical context and discuss some of the questions. 

The ‘bad’ performance

Though it’s been known for a while that recently, our tactical portfolios have underperformed broad based markets (i.e. strategic or buy and hold like S&P 500 index funds), the underperformance since last October is particularly concerning: 

Recent tactical portfolio performance (as of 2/22/2019):
Ticker/Portfolio NameSince 10/18YTD
1Yr AR
P Goldman Sachs Global Tactical Include Emerging Market Diversified Bonds-7.8%1.3%-7.9%
P SMA 200d VFINX Total Return Bond As Cash Monthly-15%0.6%-7.0%
VFINX (Vanguard 500 Index Investor)-3.8%11.7%5.2%

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