Our clients’ preliminary 2nd quarter reports have been posted. Final reports, including CPI information will replace the preliminary reports toward the end of the month. Of the twelve investment categories commonly used and shown below, eight were negative for the quarter.
|Investment Category Representative ETF||2015,Q2|
|iShares NASDAQ Biotechnology (IBB)||8.51|
|Vanguard Healthcare (VHT)||4.58|
|iShares Russell 1000 (IWB)||0.54|
|SPDR DB Intl Govt Infl-Protected Bond (WIP)||0.09|
|PowerShares International Corporate Bond (PICB)||-0.01|
|WisdomTree Emerging Markets Local Debt (ELD)||-1.63|
|Vanguard Global ex-US Real Estate (VNQI)||-1.71|
|iShares MSCI Emerging Markets (EEM)||-1.76|
|iShares TIPS Bond (TIP)||-2.11|
|iShares Core US Aggregate Bond (AGG)||-2.14|
|iShares Gold Trust (IAU)||-2.66|
|Vanguard REIT Index (VNQ)||-10.39|
|US Inflation (IA SBBI)|
In spite of the negative results experienced by eight of our investment classes during the second quarter, most of our client portfolios have experienced a positive return thus far in 2015. We encourage you to call or write if you have questions or concerns.
A number of weeks ago the FPAI website was down unexpectedly for a few days as a result of installing a software upgrade. Therefore, in order to minimize downtime in the future we have moved to a different server setup and backup arrangement. Henceforth, should software problems happen, we expect to be as good as new within a matter of minutes.
We will be adding a new feature to the FPAI website in the coming weeks which will make it easy for our clients to schedule time with us – time for face-to-face meetings or video conferences or extended phone conversations.
And a final bit of wisdom for all to consider. These days it’s easy to publish something – anything – on the internet for all to see. And sometimes folks have an agenda that they want to promote. And sometimes they may post something that is not entirely true in order to promote their agenda. We all need to remember this. In the 21st century information abounds. And so does misinformation.