October 25, 2024: We recommend the following adjustments…

To reflect the appreciation of the Model Fund Portfolio over the past several months, we are making the following adjustments:

• The Industrial Select Sector SPDR ETF (Symbol: XLI) target has increased to 6% from 5%.
• The Van Eck Vectors Gold Miners ETF (Symbol: GDX) has increased to 5% from 4%.

We continue to see opportunity for profit with these positions which have shown strong performance of late, and as a result have grown to be larger in the Model Fund Portfolio. 

The Model Fund Portfolio now has a net invested allocation of 57% with the remainder (43%) held in short-term Treasurys or a money market fund.