JULY ALLOCATIONS

Here we come, 6 months after the launch of these models in the blog
Last months showed some trend reversal, especially in the bond world and models suffered. But so far all models are positive year to date, although many profits were gone.
In June MODEL 1&2 were on the defensive path. Unfortunately short term euro gov bonds lost value in that month, therefore there were small monthly losses (not if u invested in a sight deposit with positive rate instead of bonds).

These are the July allocations

MODEL 1 - Euro government bond 1-3 years (confirmed)
MODEL 2 - Euro government bond 1-3 years (confirmed)
MODEL 3 - Euro government bond 1-3 years  - euro high yield  (switched from emerging bonds and Treasuries)

I also want to show and track constantly  the MODEL 3.4 that I highlighted in previous post. It allocates on 3 ETFs each month. This is a bit more volatile than former MODEL 3, but adds diversification. Of course there are more switches and you need low commissions, otherwise is better the former model with 2 ETFs.
MODEL 3.4 - Euro government bond 1-3 years  - euro high yield - euro floaters rate (switched from emerging bonds, Treasuries and global bonds)

Below you can see the table with 2015 gross monthly returns and the charts.

Later this month I'm going to publish a new model, with different philosophy that is useful for a portfolio that want a multiasset exposure for most of the time.