What A Great Year! - October 2017 NewsletterSubmitted by Elite Asset Management on October 9th, 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 pulled back slightly this month and even though we gained overall we did trail our benchmarks. Howevewr, on the quarter and YTD we are still beating our benchmarks quite easily and by a large margin. In our strategies hedged accordingly at the start of the month and it was the bond sell off that occurred later that limited our upside. The bond sell off was mostly attributed to the Central bank planning to reduce its balance sheet and hope around Congress passing a tax reform bill. This caused yields and the dollar to spike which negatively affected bond prices and is opposite of the fear that embraced the markets at the beginning of the month.
So far this first week we have seen very strong returns and are up at least 1% or more in our three aggressive strategies. We are still quite happy with our performance for this quarter & YTD as our Aggressive and Very Aggressive strategies are beating the S&P by over 5%. Our other strategies still continue to beat the S&P YTD while taking less risk, and you can view the returns below.
Our unique approach to investing helps investors by reducing the uncertainty and anxiety of the markets, while helping them achieve their retirement goals.
Our performance YTD gross of fees as of 9/30/17 are listed below:
S&P 500® Index Total Return: 14.24%
Click to view the performance gross of fees as of 9/30/17 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: 17.80% 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.