This morning, 100 shares of GSG were added to the AA-Mosaic Portfolio. This brings the commodities asset class into balance. For a complete look at the AA-Mosaic Portfolio, click on the Bivio link found on the right-hand side of the page and once inside Bivio, look for the AA-Mosaic.xls file. All the detailed transactions are available for close examination. A few of the ETFs paid dividends in early January. Those dividends are recorded.
The portfolio, while back in negative territory, is still well ahead of the VTSMX benchmark.
Sphere: Related Content
Photograph: Oregon Coast
While the AA-Mosaic Portfolio continues to maintain a commanding lead over its VTSMX benchmark, the percentages are not all that meaningful as they swing wildly with any volatility in the market. At the close of 2/28/2008, the IRR for the portfolio showed a slight gain of 0.9% while the VTSMX benchmark was lagging with a negative -19.4%. The VFINX or S&P 500 index is negative 19.3%. Performing a bit higher is the total international index (VGTSX) at negative 6.8%.
It is encouraging to see a diversified portfolio maintain this lead, knowing full well the gap will likely close as the different asset classes revert toward their mean value. Nevertheless, we do expect the AA-Mosaic Portfolio to perform better than the VTSMX without taking on too much additional risk.
Sphere: Related Content
