If January was a stellar month, February was a disappointment and inevitable. Across the board asset classes succumbed to evidence of rising inflation, bond market volatility, and yes, what appeared to be the very open and frank testimony of Fed Chairman Powell. It’s not the dawning of Aquarius, but it does feel like markets are on a different path to their outcome. According to Morningstar, SPX had a monthly return of -3.89% and AGG had a loss of 1.01% for the month of February.
The Salt Creek portfolios were not immune. Our strategy had a monthly loss across the board. We’re not happy with the loss but I was pleased with the degree to which losses were controlled in each of the models. Our strategy involves the use of active managers in an asset allocation structure, supplied to use through the rigorous analytics undertaken at Sortino Investment Analytics. When active managers are right with their “bets” they tend to outperform (i.e., our January performance), and when they’re not they tend to underperform.
Perfection in investing doesn’t exist. But by focusing on managers who have a proven record of managing the downside, we continue to have confidence in our efforts to supply your clients with sound solutions for their investing concerns.
SCI HIGHLIGHTS
Riskalyze 6 Month Probability Range
Do you ever wonder why Riskalyze uses 6 months in its probability range? Why not longer?
Click on the links below to find out why:
Riskalyze Video: Why 6 months?
Riskalyze Blog Post
Weekly SCI Webinar
A weekly lunch webinar to answer questions and to provide training on the best practices. Please join me for a laid back and open session on the Salt Creek Investors platform.
Every Tuesday starting 10/3/2017 @ 12pm CDT
Join from PC, Mac, Linux, iOS or Android:
Click here for Conference Login
Meeting ID: 325 159 0655
Dial In Audio: 669-900-6833
LaSalle St. Investment Advisors, LLC
940 N. Industrial Dr.
Elmhurst, IL 60126
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