Sunday, July 30, 2017

Tuesday, February 21, 2017

Tax Docs dlivery

Folio 1099 and 1099r's have been delivered to your tax preparers.  For those with Taxable accounts require Form 8949. these form will not be available the end of the month.

Steve

Sunday, November 6, 2016

2016 Required Minimum Distribution Forms

All 2016 Required Minimum Distribution Forms have been emailed to you. Please check your email for the forms and instructions.


Steve

I will be unavailable this coming week. If you need help or need questions answered contact me on or after the 14th. Email is the best as I will be traveling.

Monday, October 31, 2016

2016 Required Minimum Distributions

I have been submitting 2016 RMD request for most accounts. Some account holders have already had their RMD proceeds deposited in their checking accounts.

I will be mailing RMD forms that require signatures this week. When you get the forms please sign them and return them in the envelopes I will be providing.

Steve


Friday, June 24, 2016

GWM Accounts Hold Up Well during the Brexit News Selloff.




We weathered the market turmoil well today. Below are screen shots of our Folio positions and how they performed on a day when the Dow Jones Industrial average was down 600 point. Many, if not most, of our positions made money today.

The UK Brexit vote took the markets by surprise.  I had been re-positioning accounts, taking a more defensive posture, the last few weeks as the storm clouds gathered. It paid off today.

(Click on Chart for Easier Viewing)


Core Equity Folio


Small positions in Bristol Meyers (BMY) and Scripps Co (SSP) were sold at a loss.


Sector Rotation Folio


Power Share DB Ag Fund (DBA) was sold. DBA declined roughly 2% on the day.

Major Markets Folio


DBA was also sold in this folio.



Shareholders Services account were 100% in cash going into today's market.

Rydex Accounts did pretty well too due to our positions in the Precious Metals fund (RYPMX) and the Rydex US Government BOnd Fund (RYGBX). I sold the Rydex Series Commodities Fund (RYMBX). RYMBX declined by 3,07% today.



Special Note:

Catalyst Hedged Futures Strategy Fund   (HFXAX)

HFXAX , one of our holdings is relatively non-correlated to the stock market. IT provides some useful diversification in turbulent times.  It is up 4.97% YTD.





This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar.




Friday, January 15, 2016

Catalyst Hedged Futures Strategy Fund (Possible Long Term Hold)


Below is a chart illustrating both monthly and annual returns for our position in HFXAX. Study it carefully. Determine if you would be willing to hold this long term.


From 2011 to 2015 it had only one down year and in that year it declined less that 3%. This is very low volatility fund that is very uncorrelated to the daily moves in the stock market. I think it is a very good choice for these volatile times.

Return by Year:

2015    7.2%
2014    8.01%
2013  -2.86%
2012   10.39%
2011    15.64% 



Catalyst Hedged Futures Strategy Fund

HFXAX -  Monthly & Yearly Total Returns
Monthly Returns
http://performance.morningstar.com/Performance/static/common/img/acc_open.gif
2015
December
-0.12
November
0.55
October
-0.63
September
0.46
August
1.1
July
0
June
0.28
May
1.12
April
0.75
March
0.38
February
-0.38
January
4.11
2015 Total Return
7.62
http://im.mstar.com/im/acc_open.gif
2014
December
2.7
November
-4.29
October
-4.2
September
1.39
August
-0.74
July
1.02
June
2.09
May
-0.28
April
0.19
March
0.96
February
1.65
January
7.52
2014 Total Return
8.01
http://im.mstar.com/im/acc_open.gif
2013
December
0.74
November
-2.56
October
0.93
September
-3.4
August
2.46
July
-2.3
June
2.67
May
-7.33
April
2.04
March
1.28
February
1.8
January
0.81
http://im.mstar.com/im/acc_open.gif
2013 Total Return
-2.86
http://im.mstar.com/im/acc_open.gifhttp://performance.morningstar.com/Performance/static/common/img/acc_open.gif
2012
December
1.23
November
1.03
October
1.36
September
1.06
August
1.83
July
-0.43
June
-0.21
May
1.63
April
-0.43
March
1.76
February
1.11
January
0.45
2012 Total Return
10.39
http://im.mstar.com/im/acc_open.gifhttp://performance.morningstar.com/Performance/static/common/img/acc_open.gif
2011
December
0.11
November
1.36
October
1.62
September
2.49
August
4.19
July
-1.34
June
1.11
May
1.88
April
2.57
March
4.29
February
-4.73
January
2.09
2011 Total Return
15.64






*Today's results*

On a day when the Dow Jones Industrial Average closed down nearly 400 points HFXAX managed to have a positive return for the day.

Catalyst Hedged Futures Strategy Fund Class A
HFXAX - Jan 15
+0.01 (+0.09%)