Sector Rotation

Normal sector rotation tends to occur in the mid to late stages of a bull market. This presents opportunity for investors who wish to remain fully invest throughout the bull cycle. Investors can shift in and out of the various stock sectors as they advance and decline in reaction to the business cycle. The “front end” of the market will advance or decline in anticipation of changing credit conditions. The “middle” of the market will advance or decline in anticipation of changing corporate & consumer spending and the “back end” of the market will advance or decline in anticipation to the changing demand for cyclical and raw materials

In my duties as a sub-advisor to the Union Securities "Hybrid" portfolio I directed SOME profits away from the precious metals sector and into the North American financial space. The chart displays an example of how I can keep the Hybrid portfolio fully invested in order to enjoy the current bull.