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 Tuesday December 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.

Higher Return Portfolios: Part 2

Our previous newsletter has drawn considerable interests from readers. Some are particularly excited on P Composite Momentum Scoring ARK ETFs. As this portfolio only invests in a subset of technology ETFs, we want to caution our readers that, from risk point of view, its diversification sits at the bottom of the chain Global Asset Allocation, Factors and Styles in US stocks, Industry sectors and then technology sector subgroup. The following table summarizes the types of the portfolios (see also Advanced Strategies): 

Ticker/Portfolio NameDiversification Level
P Composite Momentum Scoring Global Risk AssetsGlobal Asset Allocation
P Composite Momentum Market VFINXUS Stocks Index Level
P Composite Momentum Scoring Factor ETFsUS Stocks Factors
P Composite Momentum Scoring Style ETFsUS Stocks Styles
P Composite Momentum Scoring Fidelity Select FundsUS Stocks Industry Group
P Composite Momentum Scoring Industries ETFsUS Stocks Industry Group
P Composite Momentum Scoring ARK ETFsUS Tech Stock Sub Group

So the ARK ETF portfolio has the least diversification and thus highest risk/volatility.

In this newsletter, we want to look at the Industries ETFs portfolio in the above in more details and see that one can probably reap most benefits from this more diverse portfolio than the pure ARK ETF portfolio. 

Please login or register an account to view the newsletter