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Posted by
Two Blokes Apr 16 -
Filed in
Stock
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3 views
SPMO's latest rebalance increased exposure to Consumer Cyclical, Consumer Defensive, and Communication Services while reducing Healthcare. These are sectors that have reached statistically attractive relative valuations (multiples). In fact, the declines and subsequent pullback in SPMO have been more pronounced. I'm concerned about the low exposure to healthcare and the reduced participation in the tech segment compared to the S&P 500, currently the two sectors with the strongest growth outlooks.
