Tactical Asset Allocation - August 2016 Update

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Includes: CRED, EMB, IGOV, JNK, SPY, VBK, VBR, VCIT, VGIT, VGLT, VWO
by: Paul Novell

Here is the tactical asset allocation update for August 2016. Below is the snapshot for the AGG3, AGG6, and GTAA13 portfolios. The source data can be found here. This is a new version of the sheet. Google updates the Sheets program every so often and old version of sheets just stop working. That happened this month so I had to do a new version. The sheet contains the IVY5, GTAA5, and the Permanent Portfolio as well. These signals are valid after every trading day. So, while I’ll maintain these month end updates this means that you can implement your portfolio changes on any day of the month, not just month end. FINVIZ will at times generate signals that are slightly different than Yahoo Finance. Also, year to date performance figures have been updated and are included in the sheet.

Note: I am not maintaining the Yahoo Finance versions any more. All portfolios now use FINVIZ data.

There is one change this month for the AGG3 portfolio. VBR is replacing VGLT. Risk assets are starting to move up the rankings again. For AGG6 there are three changes. There you can really see the move up in risk assets. VBR, VBK, and VWO replace VCIT, VGIT, and IGOV. Approximate monthly and YTD performance is below. Diversified portfolios continue to do quite well this year.

I’ve started to use the Performance charts in Stockcharts.com for some of the return data. Below is a histogram of June’s AGG3 and AGG6 holdings along with a couple of benchmarks.

For the Antonacci dual momentum GEM and GBM portfolios, GEM remains in SPY, and the bond portion of GBM is in CRED. The Antonacci tracking sheet shareable so you can see the portfolio details for yourself.

The Bond 3 quant model, see spreadsheet, ranks the bond ETFs by 6 month return and uses the absolute 6 month return as a cash filter to be invested or not. The Bond 3 quant model is invested in JNK, VGLT, and EMB.

That’s it for this month. These portfolios signals are valid for the whole month of August. As always, post any questions you have in the comments.

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