The performance during Nov for our selected sectors was lower than the market. The strategy’s performance was 0,55% compared to Nordic 120´s 1,57%, underperforming the market by 1,02%.
This month’s sectors are as following: Construction & Real Estate, Healthcare and Materials.
Our momentum model had stocks as its pick for Nov with a performance of 1,88%. Bonds gave 0,80% and commodities-1,19% (SEK). The model continues to select stocks.
The performance for an equally weighted portfolio was 0,44%, compared to OMXS30-index with a performance of 1,88%. Since this strategy is static, it does not do any monthly picks.