The performance during Aug for our selected sectors was higher than the market. The strategy’s performance was -0,68% compared to Nordic 120´s -1,00%, outperforming the market by +0,32%.
This month’s sectors are as following: Bank & Insurance, Healthcare samt Industrials..
Our momentum model had stocks as its pick for Aug with a performance of -1,56%. Bonds gave -0,82% and commodities 3,99% (SEK). The model continues to select stocks.
The performance for an equally weighted portfolio was 0,53%, compared to OMXS30-index with a performance of -1,56%. Since this strategy is static, it does not do any monthly picks.