US financial services equity proves resilient

Genevieve Signoret

Our Performance

In the past three months, the asset classes in our model portfolios[1] that delivered the highest US financial services equity (4.0%), US short-term and US treasuries, 1-12 months (0.0%)

Producing the lowest returns (in dollar terms) were emerging market equity   (‒11.6%), US equity, materials (‒7.8%), and US real estate (mortgages) (‒6.9%).

Over the past 12 months, none of our model portfolios have outperformed their benchmarks:

• LCN-ST ‒2.37% (benchmark -0.04%)
• LCN-MT +1.01% (benchmark +1.36%)
• LCN-LT ‒0.60% (benchmark +1.30%)

In peso terms, our 12-month performance was as follows:

• LCN-ST +22.38% (benchmark +25.72%)
• LCN-MT +26.62% (benchmark +27.06%)
• LCN-LT +24.61% (benchmark +26.99%)

[1] Read descriptions of these portfolios here. Clients receive details on their composition in addition to individualized strategies and portfolio management services. To request more information, please write to patrimonial@transeconomics.com.