Solid First Month For Solyco Wealth
The first month for Solyco Wealth’s Model Portfolios, which provide a risk tolerance-based framework for discussing client goals and investments, proved to be an eventful one. Characterized by ongoing debates concerning Fed policy, COVID impacts on labor supply, and the resulting impacts on domestic and international economies, the investing landscape offered plenty of challenges. All told, Solyco Wealth, which populates its model portfolios primarily with individual equities and fixed income exchange traded funds (ETFs), turned in a solid first month, as shown in the following table.
Solyco Wealth Returns and Benchmark Comparisons by Strategy, 9/8/21 – 10/8/21
| Strategy | Return, Net of Fee | Return, Prior of Fee | ||||
| 1-Month and Since Inception | Benchmark | Strategy +/- Benchmark | 1-Month and Since Inception | Benchmark | Strategy +/- Benchmark | |
| Conservative | -0.87% | -1.44% | 0.57% | -0.79% | -1.44% | 0.65% |
| Moderate | -1.07% | -2.15% | 1.09% | -0.98% | -2.15% | 1.17% |
| Moderately Aggresive | -0.73% | -2.69% | 1.96% | -0.65% | -2.69% | 2.04% |
| Aggressive | -2.48% | -3.40% | 0.92% | -2.40% | -3.40% | 1.00% |
| Russell 3000 Index | -2.70% | |||||
| Bloomberg US Agg Bond Index | -1.07% | |||||
| MSCI World ex-US Index | -4.74% | |||||
Past performance should not be construed as illustrative of potential future performance.
Solyco Wealth used Morningstar Direct to calculate the above returns for the 1-month and since inception periods from September 8, 2021, through October 8, 2021.
Fee assumed in above calculations amounts to 0.083%, or 1/12 of annual 1% management fee.
Actual client investment performance likely will differ from respective model portfolio performance due to several factors including: 1) Timing of securities purchases and sales, 2) Dividend reinvestment choices, 3) Securities held outside the model portfolio, 4) Weighting differentials for certain securities relating to whole versus partial share accounting, 5) Timing and pricing of rebalancing actions, and other minor factors.
Conservative benchmark = total returns for 10.0% Russell 3000 Index, 65.0% Bloomberg US Aggregate Bond Index, and 10.0% MSCI World ex-US Index and 15.0% cash allocations.
Moderate benchmark = total returns for 22.5% Russell 3000 Index, 45.0% Bloomberg US Aggregate Bond Index, and 22.5% MSCI World ex-US Index, and 10.0% cash allocations.
Moderately Aggressive benchmark = total returns for 32.5% Russell 3000 Index, 25.0% Bloomberg US Aggregate Bond Index, and 32.5% MSCI World ex-US Index, and 10.0% cash allocations.
Aggregate benchmark = total returns for 45% Russell 3000 Index, 5.0% Bloomberg US Aggregate Bond Index, 45% MSCI World ex-US Index, and 5.0% cash allocations.
More information on Solyco Wealth’s Model Portfolio’s available upon request:
ctrimble@solycowealth.com – 713-444-3560.