Partial Sale of Templeton Global Income Fund

By on February 12, 2020

Templeton Global IncomeApproximately 1/3 of the position of the Templeton Global Income Fund (GIM) held in the SMA Portfolio was sold at $6.15. A sell order remains on the balance of GIM at $6.15.

The sale of GIM has increased the cash allocation in the portfolio to 17%. As noted in the previous post I’m looking for energy related stocks and funds to invest in given the level of fear and loathing exhibited toward this sector. It is possible that the rebound in energy the past couple of days will foil my plan.

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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