Over the past few weeks we have identified several investment opportunities including those that take advantage of the change in monetary policy in Japan, the cyclical recovery in China, the breakouts in palladium and tin, and the strong performance of certain sectors within US equity markets.
The 247Bull investment portfolio has been rebalanced to take advantage of these various emerging trends.
The 247Bull investment portfolio (Click on the chart for a larger version)
Portfolio as at 1 February 2013
New additions to the portfolio include:
- The WisdomTree Japan Hedged Equity Fund (DXJ) which tracks Japan’s stock market but is also designed to hedge exposure to fluctuations between the value of the US dollar and the Japanese yen.
- Physical platinum and physical palladium, to take advantage of the strong global car industry and the supply constraints that exist with both metals.
- The iPath Dow Jones-UBS Tin Subindex Total Return ETN (NYSEARCA:JJT), which is designed to provide investors with exposure to the Dow Jones-UBS Tin Subindex Total Return, which, in turn, reflects the returns that are potentially available through an unleveraged investment in the futures contracts on tin.
- The Vanguard MSCI Emerging Markets ETF (NYSEARCA:VWO) which invests in stocks of companies located in emerging markets around the world, such as China, Brazil, Taiwan, and South Africa.
- Energy Select Sector SPDR (NYSEARCA:XLE) which seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.
- The Market Vectors Agribusiness ETF (NYSEArca:MOO) which replicates as closely as possible the price and yield performance of the DAXglobal Agribusiness Index (DXAG). DXAG, is a modified market capitalization-weighted index consisting of publicly traded companies engaged in the agriculture business that are traded on global exchanges.
Overall the 247Bull portfolio is down -3.5%, however the medium and long-term outlook for the companies and assets held is very positive.