Despite a post-election market rotation into beaten down cyclical sectors, meaningful mid- and small-company allocations provided more than enough cover for our bull-headed commitment to growth sector over-weights. Leaning into our positive outlook global growth strategies provided for meaningful out-performance, relative to benchmarks, for the calendar year.
This link is to a PDF containing our Q4 2020 Market Commentary and Near-term Outlook. This Recap incorporates a broad review of global markets, and a series of directly comparable, globally diversified, balanced portfolio benchmarks constructed by iShares (by Blackrock). The commentary and performance information, coupled with the tabled data will, hopefully, help each reader evaluate their own portfolio performance in proper context with just a few numbers.
As always, I am available at any time, any day of the week, to discuss specific portfolio performance questions with all clients. Until then, be well, enjoy your week, and thank you!
A.J. Walker, CFA CFP® CIMA®
Founder, President, and CEO
Lake Jericho, LLC