The performance during June for our selected sectors was lowe than the market. The strategy’s performance was -7.12% compared to Nordic 120´s -6.42%, underperforming the market by +0.70%.
This month’s sectors are as following: Consumer, Construction & Real Estate and Materials.
Our momentum model had stocks as its pick for June with a performance of -5.25%. Bonds gave -1.08% and commodities -3.92% (SEK). The model continues to select stocks.
The performance for an equally weighted portfolio was -3.42%, compared to OMXS30-index with a performance of -5.25%. Since this strategy is static, it does not do any monthly picks.