Allocations for December 2016 have been updated.
Portfolio performances for November 2016:
- Permanent Portfolio: -3.40%
- Momentum Portfolio: -4,20%
- Alternative Portfolio (Singularis CTA Program): +5.52%
The NLX Portfolio for the month: -1.04%
As October 2016, November saw also broad losses across the long-only allocations PP and MP. Major asset classes were heavily down for the month, notably gold (GLD, -8.36%) and long-term US Treasuries (TLT, -8.21%).
One more time, the Alternative Portfolio shows a strong performance (SINGULARIS, +5.52%), able to sustain losses of the two long-only portfolios.
Finally, the NLX Portfolio has remained relatively stable over these last 3 months, with a performance year-to-date around 14-15%.
Recommended reading for the month
Gestaltu – November 2016
Risk Parity and The Four Faces of Risk
AlocateSmartly – November 3, 2016
Antonacci’s Composite Dual Momentum