Global X MLP ETF Allocation Increased

By on December 3, 2019

Global X MLP ETFA trade war related sell-off today created an opportunity to increase the position size of the Global X MLP ETF (MLPA) in the SMA Portfolio. The fund tracks the performance of the Solactive MLP Infrastructure Index. MLPA currently yields over 9%.

Cash available was used to increase the allocation to MLPA in the SMA portfolio from 6.7% to 7.6%. MLPA was purchased at $7.19.

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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