The performance during May for our selected sectors was higher than the market. The strategy’s performance was +2.66% compared to Nordic 120´s +0.71%, overperforming the market by +1.95%.
Constr. & Real Estate was the best performer with +2.94%, while Materials came in worst on +2.45%. This month’s sectors are as following: Energy, Healthcare and Industrials.
Our momentum model had stocks as its pick for May, which turned out to be the top performer with a performance of +1.57%. Bonds gave -0.71% and commodities -1.52% (SEK). The model continues to select stocks for June.
The performance for an equally weighted portfolio was -0.22%, compared to OMXS30-index with a performance of +1.57%. Since this strategy is static, it does not do any monthly picks.