Founded in June of 2004, Sector Momentum Tracker has been tested by increasingly difficult markets, and it has outperformed the major indices. In the latest installment to “Don’s Outlook,” it was noted that “during the past five trading days, the Portfolio gained 0.26 percent, while the S&P 500 decreased 2.83 percent.” Sector Momentum Tracker belongs to Fidelity Independent Adviser’s family of newsletters. The flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.
Sector Momentum Tracker’s formula selects funds by taking the relative strength of each fund during a short-term period minus the relative strength during a longer-term period. Their objective is to position your portfolio in the sectors that are doing the best today while avoiding the worst performing sectors.
In a recent video conference, Dion, chief investment officer of the family of Fidelity Independent Adviser Newsletters, and portfolio manager of Dion Money Management http://www.dionmm.com/
In addition to its portfolio holdings, Sector Momentum Tracker’s weekly issues include fund profiles and market evaluation. In its latest issue, the newsletter examined FSCSX, whose portfolio contains key members of the technology sub-sector, software, making news this past week. Subscribers of Sector Momentum Tracker also receive weekly hotlines to stay on top of portfolio changes.
Dion has also applied his momentum philosophy to one of his other publications, ETF Momentum Tracker, whose returns were positive last week when the Dow, S&P 500, and NASDAQ all remained negative for that period. With the recent market volatility, it has become increasingly important for investors to arm themselves with the tools needed to profit. Sector Momentum Tracker’s 4-year performance history may provide investors the incentive to join Fidelity Independent Adviser’s family.
