Back from a relaxing vacation and it’s just about time (one day delay) for the August reshuffling.
|S&P 500 (SPY)||32%||12%|
|Emerging Markets (EEM)||24%||28%|
|US Bonds (TLT)||30%||30%|
|Dow Jones US Real Estate (IYR)||14%||—|
|MSCI Japan (EWJ)||—||30%|
Compared to July, the position sizes have changed significantly, but in terms of diversification, the only difference between August and July is that the original strategy replaced EFA with EEM.