MAI ETF Portfolio Shift Commentary 8/06/2019

Given the deteriorating trade situation and our expectations that rates could continue to trend down, we have become modestly more defensive by lowering our equity exposure in favor of increased core fixed income. Within the fixed income allocation, we have increased duration and trimmed high yield, preferred, and bank loan exposure.

  • DATE: August 7, 2019
  • TYPE: PDF

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Tactical ETF

Tactical ETF Portfolio Shift Commentary 8/06/2019