This report contains the 2023 Q3 quarterly allocations for your retirement plan’s tactical models. Last quarter, we updated the process for allocating to the high, medium, and low risk categories. We now have a stock and bond score, which is updated at least quarterly. When the stock score is 100%, the model will have maximum exposure to high risk category investments. When the score is less than 100%, the high risk category investment exposure will be adjust between each model's minimum and maximum exposure. The same process applies to the bond score and the medium risk category investments. Please use the link below to read the report.
For July, the models are increasing their exposure to high and medium risk investments. In the high risk category, we are decreasing the exposure to value oriented stocks and increasing exposure to the growth and blend categories across large, mid, and small company stocks. In the medium risk category investments, we are adding in high yield bond exposure.
Because the market environment is pretty fluid right now and could change substantially with actions from the Federal Reserve or geopolitical tensions, we plan on monitoring, and if necessary, updating the models intra-quarter.
Allocation changes will take place on July 11, 2023.
If you are uncomfortable with your selected model maintaining a less than maximum High Risk Category exposure, we recommend that you look at other plan investment options or a more aggressive tactical model. As always, if you have questions regarding these models, your deferred compensation account, or retirement planning; do not hesitate to CONTACT US.