Strategy Hits The Mark In 2017

Here’s What We’re Thinking

December 13, 2017

With 2017 coming to a close, we can take this opportunity to take stock of market performance and our asset allocation strategy over the past year. To recap, our strategy has been premised on carrying a large overweight in equities versus an underweight in bonds, an expectation international markets would outperform U.S. markets, and maintaining overweight exposure to cyclical sectors including financials, industrials, materials, technology, energy, consumer discretionary and health care. In the end we find equity markets posted solid returns year-to-date through 12 Dec/2017 (S&P500: +21.1%; S&P/TSX: +8.1%, all in local currency terms) while fixed income struggled to keep its head above water (U.S. and Canada: +3.3%).

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