Home page Company name and slogan

 
Custom Search
Investment Newsletters Best Fidelity Funds Best ETFs Get Free Reports 10-Year Journey Blog




Press Release

AlphaProfit MoneyMatters Investing Blog RSS Feed

AlphaProfit Fund Guide: NTF Growth Model Portfolio Repositioned on 05-18-10

The AlphaProfit No-Transaction-Fee (NTF) Growth model portfolio was repositioned on May 18 to align it with the evolving global economic outlook.

After staying strong for nearly four months in 2010, equity prices around the globe have hit the skids. The SPDR S&P 500 ETF (SPY) that tracks the namesake popular U. S. benchmark is up just 0.7% year-to-date. With Europe mired in a financial mess, the performance of stock prices in Europe has been notably worse. The Vanguard European ETF (VGK) and the iShares S&P Europe 350 Index ETF (IEV) are both down 15%. The Europe led-retreat has also pushed the iShares MSCI EAFE ETF (EFA) lower by 11% for the year.

Reacting to these results, Dr. Sam Subramanian, Managing Principal, AlphaProfit Investments, LLC and Editor of the AlphaProfit Sector Investors' Newsletter stated, "Investors are concerned on the impact of the European crisis on global economic growth and have scaled down their appetite for risky securities."

Meanwhile, legal actions taken by the Securities and Exchange Commission and the Justice Department against Goldman Sachs (GS) and calls for increasing regulatory oversight of financial institutions are weighing on investor psyche.

AlphaProfit's NTF Growth model portfolio was repositioned on May 18 after recording a 30% gain over the past 12 months to outperform the S&P 500 ($SPX) and the MSCI EAFE ($IEE) index by 4% and 18%, respectively. The model portfolio consists of best-of-breed no-load, no-transaction-fee domestic, foreign and specialty mutual funds.

Subramanian said, "AlphaProfit's multi-faceted process of selecting domestic, foreign and specialty mutual funds has reliably picked winners while managing to avoid big losers."

Returns from Janus Overseas (JAOSX), Matthews India (MINDX) and Parnassus Equity Income (PRBLX) have contributed to the portfolio's strong performance. See AlphaProfit Fidelity funds model portfolios performance.

Elaborating on the global equity landscape, Subramanian said, "Inflation is a major issue in China. The fiscal situation and growth prospects in Europe are not particularly appealing. The outlook for equities in the U. S. looks more exciting than in many other countries."

"Year 2010 could well turn out to be a year when the U. S. stock market performs better than foreign markets, both developed and emerging" concluded Subramanian.

Going forward investors need to be particularly selective with their foreign investments. Considering risks in some of the larger foreign markets, an indexed approach may not be well suited for the evolving global equity market environment.

FREE SIGN UP!

Protect & grow your wealth with
investment recommendations from free e-letter
AlphaProfit MoneyMatters

By Hulbert #1 rank winner Dr. Sam Subramanian

'Incisive Insights, Impressive Results'   - Jim Woodruff

First Name:


Email Address:


We respect your privacy. We will not spam or sell your information to others, period.

Popular How-To Guides

Custom Search

Recent MoneyMatters Articles

More from Investing Blog Sign Up for Free e-letter

About AlphaProfit
AlphaProfit Investments, LLC is an independent investment research firm based in Sugar Land, TX. AlphaProfit publishes the AlphaProfit Sector Investor's Newsletter, edited by Dr. Sam Subramanian. Leveraging sector funds, the Newsletter provides high-performance model portfolios with Fidelity funds and exchange-traded funds. It also includes actionable stock recommendations. This newsletter features among MarketWatch's top 10 investment newsletters and has won the coveted #1 rank from Hulbert Financial several times.

Media Inquiries
To inquire about AlphaProfit and its publications or to interview Sam Subramanian, please call (281) 565-6963 or send e-mail.

This press release is for information purposes only. Nothing herein should be construed as an offer to buy or sell securities or to give individual advice on investing. Factual material is obtained from sources believed to be reliable and is provided without warranties of any kind. AlphaProfit Investments, LLC is not responsible for any errors or omissions. AlphaProfit Investments, LLC neither is associated with nor receives any compensation from any of the investment companies, brokers or entities connected with the securities mentioned herein. Please review our Terms and Conditions of Use and Subscriber Agreement which is available on our website at www.alphaprofit.com; they govern your relationship with AlphaProfit Investments, LLC, including, but not by way of limitation, use of the AlphaProfit MoneyMatters.

This page is best viewed in 1024 by 768 pixels screen resolution or higher.
Copyright © 2010 AlphaProfit Investments, LLC. All rights reserved.