Thought it might be interesting to share asset allocation of portfolios with each other, so we can learn about that.
Mine is now defensively geared given the recessionary environment the world faces.
4.5% consumer staples, the sector is bearish at the moment but a few select stocks are bullish.
10% healthcare, mostly in XLV ETF, with some select individual stocks
10% biotech, bullish as well - split across 7 smaller biotechs.
4.5% technology, sector remains bullish but will be the first to turn when we hit the next downturn, so keeping a close eye on it.
4.5% Low volatility ETF
4.5% High dividend ETF
40% US treasuries, split across short, medium and long-term
12% gold, mostly in SGLP physical gold ETF, with some gold miners.
10% cash - defensive but also to jump on opportunities. Ideally I’d gain exposure with this to USD but no appropriate ETF in my ISA for that.
All sectors I will fade out of when the economic cycle evolves, with the exception of Biotech which are long-term bets for me.