Balance of Templeton Global Income Fund Sold

By on February 13, 2020

Templeton Global Income YTDThe remaining balance of the Templeton Global Income Fund (GIM) held in the SMA Portfolio was sold in preparation for the bold trade mentioned in previous posts.

The full implementation of this speculative trade is not assured. There are two remaining fixed income holdings, Vanguard Total Bond ETF and Morgan Stanley Emerging Markets Debt Fund with limit sell orders outstanding.

If energy equities re-test their lows of three days ago it is anticipated the following equities will be purchased at the limit prices entered.

Vanguard Energy ETF (VDE) @ $71.00 – Allocation 8.9%

SPDR S&P Oil & Gas Exploration & Production ETF (XOP) @ $18.65 – Allocation 7%

Royal Dutch Shell plc (RDS.B) @ $50.66 – Allocation 1.9%

BP P.L.C. (BP) @ $34.62 – Allocation 2.2%

Disclaimer: It is very challenging to outperform a buy and hold strategy. Historically, investors have found themselves well-served over the long-term by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Information presented is based on analysis of past data and assessments by the Tactical Timing System model. Future performance may not reflect past performance. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.

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