The Milwaukee Company’s Smart-Beta Performance Report is a weekly review of the performance of six indexes that are managed using “smart-beta” asset allocation theories. This Report is for informational purposes only and should not be regarded as a substitute for independent research and personalized investment advice.
Comments on this week’s report:
- Most strategies are suffering month-to-date as a spike in interest rates caused both fixed income and equity securities to sell off.
- Sector Rotation strategies suffered the most (month-to-date) as its very large weighting to technology and consumer discretionary sectors experienced larger declines.
- Value orientated strategies experienced the best return (month-to-date) as investors fled to safer securities.
- Despite momentum strategies performing relatively poor so far this month, they are still the best performing strategies so far this year.