Hi everyone, it's Jeff Beck with The
Tranel Financial Group, hope you're
having a great day today.
Today is July 7, 2020
and we're just coming to you with a
little market update and specifically
how your account is doing Tactical Growth Solution. So as of market close yesterday, July 6th,
the S&P 500 was down about two percent
year to date
and your allocation Tactical Growth
Solution is down just over that about
two and a half percent. So
we're keeping up very close with the
upside of the market as it started to recover
from the bottom at the end of March,
but one of the really big positives with
that we're keeping up with the upside
pretty closely
and the downside we are cutting out very
very well.
So towards the end of March when we hit
that bottom the S&P 500 was down
about 30% and your allocation Tactical
Growth was only down about 15%,
so cutting out almost exactly half of
the downside risk
and getting a majority of the upside
that we've seen since then is
really really positive. On top of that
the S&P 500 just has a dividend yield of
1.9% and your allocation is staying very
steady with a 2.7% dividend yield,
so the companies in there as you know
fit into those six sectors
they're very strong consistent dividends
uh and they actually not had one
company in the portfolio remove their
dividend or cut their dividend yet
we've had almost everyone increase their
dividend throughout the year we've had a
couple companies that have remained the
exact same,
but again no cuts so it's a very strong
dividend yield that we're able to
reinvest into the portfolio
buying more shares or we're sending that
out to you as
income, so overall really doing very well
keeping up with
the upside of the market and limiting
our risk on the downside.
We feel very comfortable with where
we're at today.
If you have any questions about your
portfolio or anything market related
please feel free to give us a call.
