We’ve bought more intermediate bonds to hedge against equity losses.
We moved out of utilities and into consumer and tech plays.
We also reduced allocations to finance and healthcare sectors.
Eliminated were holdings in materials and utilities.
We also eliminated our position in the technology sector.
A lot of things went right for U.S. investors last year.
We also steered away from consumer and healthcare stocks.
We made some adjustments to the Island Sector Rotation portfolio.
Here’s how we analyze the relative attractiveness of assets.