The performance during July for our selected sectors was higher than the market. The strategy’s performance was 9,19% compared to Nordic 120´s 7,22%, outperforming the market by +1,97%.
This month’s sectors are as following: Energy, Healthcare and Materials.
Our momentum model had stocks as its pick for July with a performance of 7,22%. Bonds gave 0,49% and commodities 3,90% (SEK). The model continues to select stocks.
The performance for an equally weighted portfolio was 3,87%, compared to OMXS30-index with a performance of 7,22%. Since this strategy is static, it does not do any monthly picks.