We are making the following change to our Conservative portfolio on July 31, 2003:
<ul><li><font color="red"><b>SELL</b></font> Total SSgA Tuckerman Active REIT (SSREX) holding. This holding was 5% of the conservative portfolio.
<li><font color="red"><b>SELL</b></font> Total FMI Sasco Contrarian Value (FMIVX) holding. This holding was 15% of the conservative portfolio.
<li><font color="red"><b>SELL</b></font> Reduce American Century International Bond Fund (BEGBX) holding to 20% of total portfolio from 25% of the conservative portfolio.
<li><font color="red"><b>SELL</b></font> Reduce Northern Income Equity Fund (NOIEX) holding to 5% of total portfolio from 10% of the total portfolio.
<li><font color="red"><b>SELL</b></font> Reduce Vanguard High-Yield Corporate Fund (VWEHX) to 5% of total portfolio from 10% of the total portfolio portfolio.
<li><font color="red"><b>BUY</b></font> Vanguard Short-Term Corporate Fund (VFSTX) with portion of proceeds of above sales so that 25% of entire portfolio is allocated to it.
<li><font color="red"><b>BUY</b></font> Pictet International Small Company Fund (PTSCX) with portion of proceeds of above sales so that 10% of entire portfolio is allocated to it.</ul> We are lightening up a bit on stocks and increasing our bond positions with shorter maturities and higher credit profiles in each of our model portfolios. These changes lower overall risk and lock in gains made from above-target stock allocations and bond durations over the last year.
We are making the following change to our aggressive growth portfolio, effective July 31, 2003:
<ul><li><font color="red"><b>SELL</b></font> Reduce Fidelity New Markets Income Fund (FNMIX) holding to 5% of total portfolio from 10% of total portfolio.
<li><font color="red"><b>SELL</b></font> Reduce Bridgeway Ultra-Small Tax Advantaged Fund (BRSIX) holding to 5% of the total portfolio from 15% of total portfolio.
<li><font color="red"><b>BUY</b></font> Increase FMI Common Stock (FMIMX) holding to 15% of total portfolio from 10% of total portfolio.
<li><font color="red"><b>BUY</b></font> Vanguard Short-Term Corporate Fund (VFSTX) with portion of proceeds of above sale so that 15% of entire portfolio is allocated to it.</ul> We are lightening up a bit on stocks and increasing our bond positions with shorter maturities and higher credit profiles in each of our model portfolios. These changes lower overall risk and lock in gains made from above-target stock allocations and bond durations over the last year.
New User? CLICK HERE!
We are making the following change to our Conservative portfolio on July 31, 2003:
<ul><li><font color="red"><b>SELL</b></font> Total SSgA Tuckerman Active REIT (SSREX) holding. This holding was 5% of the conservative portfolio.
<li><font color="red"><b>SELL</b></font> Total FMI Sasco Contrarian Value (FMIVX) holding. This holding was 15% of the conservative portfolio.
<li><font color="red"><b>SELL</b></font> Reduce American Century International Bond Fund (BEGBX) holding to 20% of total portfolio from 25% of the conservative portfolio.
<li><font color="red"><b>SELL</b></font> Reduce Northern Income Equity Fund (NOIEX) holding to 5% of total portfolio from 10% of the total portfolio.
<li><font color="red"><b>SELL</b></font> Reduce Vanguard High-Yield Corporate Fund (VWEHX) to 5% of total portfolio from 10% of the total portfolio portfolio.
<li><font color="red"><b>BUY</b></font> Vanguard Short-Term Corporate Fund (VFSTX) with portion of proceeds of above sales so that 25% of entire portfolio is allocated to it.
<li><font color="red"><b>BUY</b></font> Pictet International Small Company Fund (PTSCX) with portion of proceeds of above sales so that 10% of entire portfolio is allocated to it.</ul> We are lightening up a bit on stocks and increasing our bond positions with shorter maturities and higher credit profiles in each of our model portfolios. These changes lower overall risk and lock in gains made from above-target stock allocations and bond durations over the last year.
We are making the following change to our aggressive growth portfolio, effective July 31, 2003:
<ul><li><font color="red"><b>SELL</b></font> Reduce Fidelity New Markets Income Fund (FNMIX) holding to 5% of total portfolio from 10% of total portfolio.
<li><font color="red"><b>SELL</b></font> Reduce Bridgeway Ultra-Small Tax Advantaged Fund (BRSIX) holding to 5% of the total portfolio from 15% of total portfolio.
<li><font color="red"><b>BUY</b></font> Increase FMI Common Stock (FMIMX) holding to 15% of total portfolio from 10% of total portfolio.
<li><font color="red"><b>BUY</b></font> Vanguard Short-Term Corporate Fund (VFSTX) with portion of proceeds of above sale so that 15% of entire portfolio is allocated to it.</ul> We are lightening up a bit on stocks and increasing our bond positions with shorter maturities and higher credit profiles in each of our model portfolios. These changes lower overall risk and lock in gains made from above-target stock allocations and bond durations over the last year.