What a Great Month & Year - November 2017 NewsletterSubmitted by Elite Asset Management on November 7th, 2017
We created a rule-based investment process that helps our clients maximize gains and minimize losses, by adjusting to current market conditions based on our proprietary indicators. Our strategies and approach will remove confusion from investing and provide peace of mind through all market cycles.
We offer these strategies with no hidden fees, and no trading charges.
Dear Fellow Investor,
Our strategies surged this month and we continued to outperform not only our benchmarks but the S&P500 as well. Our two aggressive strategies are beating the S&P by more than 7%, and few other strategies have experienced such strong growth as we have this year. October has historically been a very volatile month, however this month was one of the lowest volatile months on record. Because our strategies adjusted at the beginning of October and mid-month we caught this mini-rally.
Our strategies still continue to have very strong returns this year, as our YTD performance shows. This aging bull market keeps on going and just because a bull market is long in the tooth doesn't mean that a correction will happen right away. I do see signs that we are in the late stages of a bull market, but I don't expect a significant downturn or bear market to happen anytime soon. Even if it does, our strategies will adjust to protect capital. Looking forward I expect the S&P to rally slightly and trend mostly sideways this month and next going into year end.
Our performance YTD gross of fees* as of 10/31/17 is listed below:
S&P 500® Index Total Return: 16.91%
Click to view the performance gross of fees as of 10/31/17 for 1 month, 3 month, 6 month, YTD, and 1YR. PERFORMANCE
If you do not follow systematic investment rules, then it is easy to succumb to our emotions that cause us to buy and sell at inappropriate times.
Very Truly Yours,
Basic 401k Strategy
This strategy can be replicated inside most 401k's. This strategy adjusts quarterly and is designed for investors who don't want to worry about up the daily ups and down of the market, yet want to follow the overall trend.
401k Strategy: 20.40% YTD
Recent Blog Posts & News
In an effort to better educate our clients, current and potential. I've created short white papers that explain our approach to investing and what makes us different. I recommend you download them to better understand our investment approach and our firm.
Until next month.
Performance results are shown gross of fees, the above returns would be reduced by when fee's are included. The maximum fee rate is 1.15% per year (12 months). Due to differences in actual account allocations, account opening date, timing of cash flow in or out of the account, rebalancing frequency, and various other transaction-based or market factors, a client’s actual return may be materially different than those portrayed in the model results. Investing entails risks, including possible loss of principal, past performance is no guarantee of future results. The information provided may contain projections or other forward-looking statements regarding future events, targets or expectations, and is only current as of the date indicated. There is no assurance that such events or targets will be achieved, and may be significantly different than that shown here. The information presented, including statements concerning financial market trends, is based on current market conditions, which will fluctuate and may be superseded by subsequent market events or for other reasons.