The Week in Review: Performance updates from Cabana’s CEO – April 3, 2018
Market insight and a highlight of Cabana’s year-to-date performance:
Cabana’s seven portfolios range from “Conservative” to “Aggressive” and include an income strategy and an “Accumulator” portfolio. Performance is as of market close on April 2, 2018 and is presented net of maximum advisory fees and commissions.
And so the volatility continues…
Our portfolios were down for the week after the Monday sell off. We have outperformed all of our benchmarks and re-allocated to safety last week ahead of the most recent drop. As of today, markets have bounced more than 1%. The volatility we are experiencing is truly exceptional. There are plenty of so-called “experts” who claim to know why and predict what will happen next. We will not. We will stick to our system, avoid predictions, and invest our client’s hard-earned assets based upon what is right in front of us. Right now we are in rough waters and we are not taking chances. Never forget the first rule of investing – do not lose money. There will likely be plenty of time to be more aggressive when the skies clear.For those of you interested, we wrote some commentary last week on the market conditions, which you can access here. Hang in there. Investing is for the disciplined and brave.
Year-to-date net-of-fees performance:
ALPHA INCOME: -2.64%
Performance is presented net of the maximum advisory fees and commissions (2%). Numbers indicated with (+) for positive return and (-) for negative return.
-G. Chadd Mason, CEO
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