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

Regular AAC (Asset Allocation Composite), SAA and TAA portfolios are always rebalanced on the first trading day of a month. the next re-balance will be on Monday June 1, 2020.

Please note: As of March 1, 2020, we officially phased out our old rebalance calendar for both SAA and TAA. They are now always rebalanced on the first trading day of a month. 

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.

Asset Trends Review

The fast and furious market actions in the past three months have left many stunned and confused. As this moment, major US stock indexes have recovered most of their losses. Nasdaq 100 index even has a positive year to date return. On the other hand, economic news are all dire: 33 millions of American have made unemployment, U.S. GDP contraced 4.8% in the first quarter.  There seems to be some major disconnect here. It’s thus a good time to overview major asset trends. 

Risk asset trends are still down

The following table shows major asset trend scores (as of 5/8/2020): 

AssetSymbolTrend Score
Intermediate TreasuriesIEF7.15%
Mortgage Back BondsMBB3.22%
Total US BondsBND2.84%
Treasury BillsSHV0.78%
US Credit BondsIGIB0.5%
Municipal BondsMUB0.5%
International Treasury BondsBWX-0.37%
US StocksVTI-1.15%
US High Yield BondsJNK-4.0%
Emerging Market StksVWO-5.72%
Emerging Mkt BondsPCY-6.39%
International Developed StksVEA-7.28%
US Equity REITsVNQ-10.13%
International REITsRWX-13.47%

So all major risk assets including US stocks, Emerging market stocks and international developed stocks, REITs, high yield bonds and commodities all still have negative trend scores. We are far from being out of wood. 

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