The performance during Dec for our selected sectors was lower than the market. The strategy’s performance was 1,52% compared to Nordic 120´s 1,68%, underperforming the market by 0,16%.
This month’s sectors are as following: Bank & Insurance, Consumer and Healthcare.
Our momentum model had stocks as its pick for Dec with a performance of 1,93%. Bonds gave -0,44% and commodities-0,78% (SEK). The model continues to select stocks.
The performance for an equally weighted portfolio was 0,24%, compared to OMXS30-index with a performance of 1,93%. Since this strategy is static, it does not do any monthly picks.