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, July 1, 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.

Asset Allocation Funds Review

In addition to a well recognized theme that the US stocks have been a lone outperforming asset class in the current bull market (over 10 years and running), the other noticeable theme is that actively managed funds have lagged way behind index funds, being in stocks or even asset allocation. We will review the latest allocation fund performance in this newsletter. 

Global allocation continues to suffer

As long time readers might have known, this is not a unfamiliar theme. The following table shows the latest returns of some of best global allocation funds: 

Global allocation returns (as of 6/21/2019):
1Yr AR3Yr AR5Yr AR10Yr AR15Yr AR
MPIQ Global Strategic Allocation Moderate13.2%8.2%8.7%6.5%11.2%8.7%
VBINX (Vanguard Balanced Index Inv)13.5%8.0%9.6%7.4%10.4%7.4%
GBMFX (GMO Benchmark-Free Allocation III)6.8%2.7%5.4%1.7%5.6%7.1%
PASAX (PIMCO All Asset A)6.9%3.9%6.3%2.1%5.9%5.1%
WASAX (Ivy Asset Strategy A)14.6%5.9%8.1%1.2%6.3%8.6%
SGIIX (First Eagle Global I)13.6%5.4%7.3%4.8%9.4%8.8%
MALOX (BlackRock Global Allocation Instl)10.5%3.3%6.5%3.4%6.6%7.0%
DMLIX (DoubleLine Multi-Asset Growth I)10.4%1.9%6.9%4.0%  

The above table compares some of best global allocation funds that are tracked on our SmartMoneyIQ Managers page. In addition to using Vanguard Balanced Fund index (VBINX) that’s 60% US stocks/40% bonds, we also include MPIQ Global Strategic Allocation Moderate. This portfolio is what MyPlanIQ is planning to offer as its standard strategic allocation portfolio. It consists of the following target allocation, rebalanced annually: 

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