Skip to main content

  (847) 807-6750   info@eliteassetmgmt.com
  •  
  •  

 Our Newsletter Client Login

  • Home
  • Why Us
    • S.M.A.R.T Asset Allocation
    • Who We Are
    • Performance
    • Low Fees
    • Tax Loss Harvesting
    • Fiduciary Standard
  • Models
    • Conservative Model
    • Moderate Model
    • Growth Model
    • Mod Aggressive Model
    • Aggressive Model
  • Services
    • Retirement/Financial Planning
    • Investment Management
  • Open an Account
  • Client Links
    • Account Login
    • Agreement & ADV
    • Privacy Policy
    • Disclosures
    • Our Custodian
    • Recommended Reading
  • Blog
  • Contact

    You are here

  1. Home
  2. Blogs
  3. May 2020 Monthly Newsletter - Performance Update & Thoughts

May 2020 Monthly Newsletter - Performance Update & Thoughts

Submitted by Elite Asset Management on May 4th, 2020
  • Share on Facebook
  • Facebook Like
  • Tweet Widget
  • Linkedin Share Button

Market Update

It's been an interesting couple of months for the market, from a strong sell off to a strong bounce that left the S&P only down -9.29% for the year.  Our strategies are doing quite well and are right around break even for the year, and were beating the S&P by 8-9% depending on the strategy.  The worst of our strategies is the minimum volatility strategy, which is down -6% and this was due to bonds selling off and with the least equity exposure the strategy didn't perform as strongly.  Just as I predicted we saw emergency actions taking by the Fed which cut rates to zero among other actions to save the bond market. The probability of the Fed being able to raise rates again are quite small and we just need to look at Japan as an example.  


I don't believe that as investors we need to be all in the market or out of the market, nor do I believe that we need buy and hold.  I now that will offend a lot of people who strongly beleive that buy and hold is the only way.  Just as in life the truth can often be found in the middle.  One of the many benefits of my passively active strategy is that we adjust to market conditions based on price action, and this can happen anytime during the month, not just at month or quarter end.  We're long term, medium term, and short term at the same time just in different parts of the strategy and they all must work together.  This is the balancing act of my passive active investing philosophy and why my strategies follow a core-satellite approach to investing.  


On a personal note I hope everyone is staying safe and taking all the necessary precautions.  It's a different world that we're living in and just like my strategies we need to adjust to the changes of the world around us.  

As we watch the markets move up and down, it's easy to become emotions however, our strategies are designed to last for decades not days.

The best way to reach me is to send me an email at john.eiduk@eliteassetmgmt.com

PERFORMANCE

 

Until next month.

John A. Eiduk, CPA, CFP™
Portfolio Manager

847-807-6750
john.eiduk@eliteassetmgmt.com
www.EliteAssetMgmt.com

What is S.M.A.R.T Asset Allocation?​

We created a rule-based investment process that is S.M.A.R.T.  As the investments are Strategic, helps our clients Maximize Gains, Adapts to current market conditions, manages Risk, and is Tactical.

It's still asset allocation only S.M.A.R.T-er.

Tags:
  • ETFs
  • investments

Our Newsletter

Tell a Friend

Archived Blog

  • December 2020 (1)
  • November 2020 (2)
  • October 2020 (2)
  • May 2020 (1)
  • April 2020 (1)
  • February 2020 (1)
  • November 2018 (3)
  • October 2018 (2)
  • July 2018 (1)
  • June 2018 (1)
  • February 2018 (1)
  • December 2017 (1)
  •  
  • 1 of 3
  • ››

Categories

  • ETFs (30)
  • investments (6)

Looking to learn more?

Get in touch today

Contact Us

Additional info

  • Sitemap
  • Legal, privacy, copyright and trademark information

Contact info

  •   10 N. Martingale Rd. Suite 400, Schaumburg, IL 60173
  •   (847) 807-6750
  •   info@eliteassetmgmt.com

Contact us

© 2021 Main Office. All rights reserved.

Website Design For Financial Services Professionals