Mid April, 2014
The mid April reallocation remained conservative with continued exposure to utilities and heavy in bonds across the majority of PCM indexes. The PCM Global Tactical Index is now allocated 20% each to utilities, the Aussie dollar, preferred stocks, U.S. Treasuries and emerging market bonds. The Alpha One Index remained in U.S. preferred equities, as it has been for the majority of 2014. The PCM Commodities Index moved to a 50% allocation to natural gas and a 50% exposure to oil, a possible following of the money on the back of continued unrest in Ukraine. The PCM U.S. Industries Index hit another all time high at the end of March and holds .... Read More..
Modern Asset Allocation: Riskier Than You Think
Written by R.Todd Wood, MBA
How one defines "conservative" is an important question. Conservative investing has different meanings to different constituencies, and perhaps has even been over simplified due to the pigeon-holing effect of investor risk categories.For many investors, being conservative means they can't afford to take risks that would potentially reduce or eat into principal; however, standard asset allocation models are static and typically heavily weight bonds for conservative investors. While this methodology has worked well in low inflationary markets, risk of a decade of bull markets in bonds mean.... Read More...
Provident Capital's Absolute Indexes are now available on www.morningstar.com for registered Morningstar Direct and Morningstar Office users.
Provident Capital's composite performance and investment indexes are available on Informa.
Provident Capital's Indexes are now available on Lipper