October 24, 2025: We recommend the following adjustment…
As we discussed in last week’s Market Letter, Van Eck Vectors Gold Miners ETF (Symbol: GDX) grew its share in the Model Fund Portfolio to 7% following a year of strong performance. This week, gold showed signs of volatility, so it is prudent to take some profits off the table. We recommend you take at least 2% of the GDX position to lock in profits.
- Decrease the Van Eck Vectors Gold Miners ETF (Symbol: GDX) from 7% to 5%. We are taking advantage of the opportunity to secure gains while still maintaining a position in this defensive hedge.
The Model Fund Portfolio is now 55% invested in quality equity ETFs, 5% in an intermediate Treasury ETF, and 40% cash. The cash portion of the Portfolio (40%) is held in short-term Treasurys or a money market fund to provide an attractive yield and defensive buffer.