The performance during March for our selected sectors was lower than the market. The strategy’s performance was +0.77% compared to Nordic 120´s +0.84%, underperforming the market by -0.07%.
Healthcare was the best performer with +2.69%, while Industrials came in worst on -0.75%. Healthcare are replaced with Banks. This month’s sectors are: Banks, Industrials and Energy.
Our momentum model had stocks as its pick for March , which turned out to be the top performer with a performance of +1.38%. Bonds gave 0.52% and commodities -0.11% (SEK). The model continues to select stocks for April.
The performance for an equally weighted portfolio was +0.60%, compared to OMXS30-index with a performance of +1.38%. Since this strategy is static, it does not do any monthly picks.