Asset Allocation for 1st Quarter 2015

As we said last October, given the long term nature of our approach we will be making less frequent updates to our Favorite Mutual Funds list, Favorite ETFs , Model Mutual Fund Portfolios, and Model ETF Portfolios.  There are no changes to our Insightful Asset Allocation targets for the start of 2015, but the consolidation of our Mutual Fund list has reduced the number of Mutual Funds we are following and resulted in many changes to our Mutual Fund List and Mutual Fund Model Portfolios. In addition, we have replaced all but the best of the funds that are closed to new investors since in many cases you will not be able to invest in those funds at this time. We also replaced Scout International (UMBWX), one of our better performers in the current bull market, due to a change in the portfolio management. Look for some updates to our Favorite ETFs list on our next update.

Asset Allocation January 2015

Asset Allocation for 4th Quarter 2014

There are no changes to our Insightful Asset Allocation targets or Model Portfolios for the 4th quarter of 2014.

Asset Allocation October 2014

The next post of the Insightful Investing Newsletter will not be until January of 2015 unless some financial market event dictates the need for portfolio changes before then. Given the long term nature of our approach, our frequency of publication will be quarterly in the future, with additional updates once or twice a year if we feel more timely portfolio changes would be beneficial to long term performance results. In the mean time, we will be working on a more concise presentation of our thoughts on Insightful Investing.

Asset Allocation for 3rd Quarter 2014

There are no changes to our Insightful Asset Allocation targets for this quarter, but we have made some adjustments to a few of our model portfolios including our Fidelity Investments Model Portfolio, our Fidelity NTF Portfolio, and our ETF and Mutual Fund Portfolio. We have also made several changes to the Mutual Funds we are using in some of our model portfolios. In some cases this was due to fund closings while in other cases it was because funds were no longer available at multiple brokerages.

We are making several changes to our Mutual Fund list with Fidelity Strategic Real Return (FSRRX) replacing Fidelity Inflation-Protected Bond (FINPX) because it is a more diversified approach to inflation protection. Baird MidCap (BMDSX) is replacing Neuberger Berman Genesis (NBGNX) which has too many small cap stocks in its portfolio to really be considered a Mid Cap fund.

Additions to our Mutual Fund list are Metropolitan West Low Duration Bond (MWLDX), Arbitrage Event-Driven (AEDFX), Maingate MLP (AMLPX), and Eagle MLP Strategy (EGLAX).

Asset Allocation July 2014

Asset Allocation for 2nd Quarter 2014

There are no changes to our Insightful Asset Allocation targets for this quarter, but we have made some adjustments to a few of our model portfolios including our Fidelity Investments Model Portfolio, our Easy Mutual Fund Portfolio, and our Easy ETF Portfolio. We have also made several changes to the Mutual Funds we are using in some of our model portfolios. In some cases this was due to fund closings while in other cases it was because funds were no longer available at  multiple brokerages.  Another significant change to the funds in our portfolios is to only show open funds in the Easy Mutual Fund Portfolio and the ETF and Mutual Fund Portfolio. If you are already invested in these funds you do not have to replace them unless you see a fund on our lists that you like better. This should be of help to any new subscribers.

We are making wholesale changes to our group of Short Term Bond funds in order to get a better income profile by replacing them with Fidelity Limited Term Bond (FJRLX), Baird Short-Term Bond (BSBSX), and BlackRock Low Duration Bond (BLDAX).

Looking over our list of Small Cap funds we found that all of our favorites had closed, so we have added some new mutual funds to our list Glenmede Small Cap Equity (GTCSX), Hodges Small Cap (HDPSX)Rice Hall James Small Cap (RHJMX), ASTON/Silvercrest Small Cap (ASCTX), and Driehaus Emerging Markets Small Cap (DRESX).

Asset Allocation April 2014