Global X MLP ETF Allocation Increased

By on February 10, 2020

Global X MLP ETFFears of a worldwide economic slowdown due to the Coronavirus has caused weakness in energy related equities. Therefore, I’ve decided 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 nearly 10%.

Cash available was used to increase the allocation to MLPA in the SMA portfolio from 7.1% to 7.3%. MLPA was purchased at $7.15.

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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