Endowment Index™ Gained 2.34% in Q2 2019, Up 12.84% YTD

By S Moore
In July 12, 2019

Link to PR Newswire

Appleton, WI, July 12, 2019 — The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) gained 2.34% (on a total return basis) for the quarter ended June 30, 2019. This compares to the Global 60-40 Portfolio (60% Stocks, 40% Bonds), which gained 3.61% for the same period. Year-to-date, the Index has increased 12.84%, which compares to the Global 60-40 Portfolio, which has gained 12.19% thus far in 2019.

The principal economic news of the second quarter was indications of a slowing global economy as well as signs of a slowdown in US GDP. In response to the economic slowdown in the US, the Federal Reserve (“The Fed”) maintained the Federal Funds rate and hinted at potential rate cuts in the second half of 2019. In regard to the US-China trade war, slight trade stabilization was made following the G20 meeting in Japan. Both “risk” and fixed income assets experienced positive quarters, primarily driven by a potential rate cut by the Fed and the expectation that the European Central Bank (ECB) will increase its quantitative easing efforts.

Thirteen of the Index’s nineteen components posted gains during Q2, eight of which gained more than two percent. The top five gainers included gold (+8.70%), private equity (+5.64%), US equity (+4.09%), emerging markets – fixed income (+4.08%) and international equity (+3.54%). Of the six components which declined during Q2, commodities – diversified (-4.76%), commodities – oil & gas (-3.24%), managed futures (-2.82%) and emerging markets equity – China (-2.60%) were the four with the biggest declines.

The Endowment index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or who otherwise incorporate alternative investments within a comprehensive asset allocation. The Index provides an objective tool used for portfolio comparison, investment analysis, and research and benchmarking by fiduciaries, trustees, portfolio managers, consultants and advisers to endowments, foundations, trusts, defined benefit/contribution plans and individual investors.

Visit EndowmentIndex.com to download longer term index price and performance data.

ETF Model Solutions, LLC serves its clients as an ETF strategist, designing and managing ETF-based investment solutions for advisers, institutions, retirement plans and individual investors based upon the Endowment Investment Philosophy™. The Firm offers ETF-based diversified target-risk models and asset class models for use by investment advisers and retirement plans. ETF Model Solutions, LLC also provides digital investment services to individual investors through the website, www.MyRoboAdviser.com.

Info: www.ETFModelSolutions.com or www.EndowmentIndex.com

Contact: Tim Landolt


Disclosure: Information presented is for educational purposes only and is not intended as an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies, nor shall it be construed to be the provision of investment advice. Past performance is not necessarily indicative of future results. Endowment Index™ results are presented net of any underlying constituent exchange-traded fund expenses. Investments involve risk and unless otherwise stated, are not insured or guaranteed. Be sure to consult with a qualified financial adviser and/or tax professional before implementing any investment strategies discussed herein. ETF Model Solutions, LLC is registered as an investment adviser with the SEC. ETF Model Solutions is an affiliate of Endowment Wealth Management, Inc., an SEC registered investment adviser. Registration does not imply a certain level of skill or training. You cannot invest directly in an index. Indexes do not contain fees. A copy of the Firm’s disclosure document, Form ADV Brochure Part 2, is available upon request.

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