July Performance

Here we go with the performance.
July was a very good month, because all models recorded positive returns.
Trend is back and they caught the juice... ;-)
You can see the monthly performances in the tables below. 

Below I show the Year-to-date returns graph  and I am glad to see all models positive. Model 4 US version is worse than benchmark, but it's fine. It is built to lag benchmark in bull markets, while overperforming strongly when the bear comes. Performance are in line with the risk of the models with Model 1 (safest) that as the lowest return and Models 3 (more aggressive) that have the highest retuns, in average.

I am satisfied because, this was a difficult year for many multi-asset funds and Models were able to cope with this market. Unfortunately it's becoming always more and more overvalued on most assets and dangerous because of this crazy NIRP World.
Let's hope models will be able to "limit the losses" when financial markets will enter in bear market.

To improve the universe of asset Models can invest, at the moment I am working on a project to diversify among almost 100 ETF. It will take time, but hope it will be finished within end of 2016

NOTE; Because of holiday, I don't know if I'll be able to post September Allocations at the beginning of the month. If I won't be able, I'll update them after approx 24 days. A bit late, just for diary purpose, but I need an holiday :)