SMA Portfolio Rebalancing Part Two
As noted in an earlier post the SMA Portfolio required rebalancing. The sale of the entire position in the SPDR Dow Jones International Real Estate (RWX; $42.86) ETF and 40% of the position in Nautilus (NLS; $7.45) was accomplished today. All that remains is the selection of a fixed income alternative for the cash balance.
Vanguard is planning the launch of an international bond market ETF in the next couple of months. I will probably wait and look at the composition of this ETF before making a decision.