Here are the tactical asset allocation updates for May 2015. All portfolio updates are online as part of Paul’s GTAA 13 Portfolio New sheet.
First, for the basic portfolios – the GTAA5 and the Permanent Portfolio. Only one change in the GTAA5 portfolio. Foreign stocks (VEU) went back to invested this month, after only one month on cash signal. Yet more thrashing going on there. All other signals are the same from last month.
Now for the more aggressive GTAA AGG3 and AGG6 portfolios.
Some significant changes in the AGG3 and AGG6 portfolios for this month. For AGG3, 2 of the 3 holding changed this month. VGLT and VNQ were dropped and replaced by VWO and VTV, VWO having a big month. AGG6 had the same change in the top 3 but also had VCIT dropped to be replaced by VEA. Foreign stocks had a good month. Also, of note is the fact that both portfolios are 100% stocks at this point.
Performance for the portfolios so far this year is in the table below. Numbers are for each month and not compounded. The figures are estimates taken from a variety of sources.
If you’re a fan of the Antonacci dual momentum GEM and GBM portfolios, GEM continues to be invested in US stocks (VTI), and the bond momentum option of the GBM portfolio continues to be invested in US long term gov’t bonds (VGLT). No changes from last month.
That’s it for this month. These portfolios signals are valid for the whole month of May. As always, post any questions you have in the comments.