Monthly Commentary: Month Ending: March 31, 2018
Monthly Commentary from Kevin R. Miller, CEO Systelligence, Portfolio Manager
The E-Valuator Risk Managed Strategy Funds
Monthly Commentary: Month Ending: March 31, 2018
Fixed Income Assets:
Fixed Income assets performed well coming off the Federal Reserve raising interest rates again. All but two Categories posted positive returns. High Yield and Non- Traditional bonds were the two Categories posting losses for the month. Inflation Protected bonds and World bonds were the highest performing Fixed Income Categories inside our Funds this month. The top three Fixed Income Categories utilized by the E-Valuator RMS Funds this month were:
- Inflation Protected Bonds: +0.82%
- World Bonds: +0.75%
- Intermediate Term Bonds: +0.43%
Equity Assets:
For the most part, Equity Categories performed poorly for the month ending March, 2018. Domestic Small Caps were the top performing Categories, with Foreign Small/Mid Cap Growth being the only Foreign Equity Category able to post gains for the month. Domestic Large Cap Growth and Domestic Large Cap Blend posted the poorest month-ending performance with -2.33% and -2.12%, respectively. The poor performance of Equity Categories this month were related to market uncertainties over trade tariffs and a potential trade war with China.
The top three performing Equity Categories this month were:
- Domestic, Small Cap Growth Stocks: +1.17%
- Domestic, Small Cap Blend Stocks: +1.08%
- Foreign, Small/Mid Growth Stocks: +0.29%