Each month I share the monthly performance of the Passive Portfolio and Dual Momentum Strategy. I also share the Dual Momentum pick for the current month based on my relative and absolute momentum criteria using Canadian-listed ETFs.
This Month's Update
RM Passive Portfolio
This month the Growth Portfolio made a small gain. Stay balanced with your new contributions and happy investing!
This is the monthly change of our four ETFs as of January 2.
- XAW.TO down from $24.88 to $24.87 (-0.00%)
- HXT.TO up from $33.08 to $33.61 (+1.60%)
- HBB.TO down from $44.85 to $44.55 (-0.06%)
- XGD.TO up from $11.95 to $12.44 (+4.10%)
Our overall portfolio was up (+0.66%) this month. There will also be some dividend income paid by XAW.TO. To remain balanced you should be purchasing XAW.TO and HBB.TO with your new contributions. Different re-balancing intervals will produce somewhat different results.
Dual Momentum Strategy (RM Style)
The strategy is up 10.53% for 2017.
Last month's recommendation XEF.TO went down 1.07% for the month.
Current recommendation: XEF.TO (no change from last month)
It's important to give full credit to Gary Antonacci for this simple but effective investment strategy. Check out his site—Optimal Momentum—and read his book to learn all about this strategy before implementing it for your own portfolio.
I am confident that Dual Momentum is a great strategy that's likely to outperform a lazy portfolio strategy on a risk-adjusted basis. If you're afraid of big drawdowns, this strategy may be right for you.
We consider the past performance of just three eligible holdings: XUU.TO, XEF.TO, VSB.TO. The best performer based on specific criteria becomes the only holding for the next month.
Comments & Questions
All comments are moderated before being posted for public viewing. Please don't send in multiple comments if yours doesn't appear right away. It can take up to 24 hours before comments are posted.
Comments containing promo links or "trolling" will not be posted. Comments with profane language or those which reveal personal information will be edited by moderator.