Portfolio return for July 2007
My portfolio experienced a second negative monthly return this year. The drop was 1.24% and continued from the negative return experienced in June. Nevertheless, it is still up 6.63% YTD and is ahead of the benchmark (which is a 50:50 split of the Vanguard moderate growth and growth balanced funds).
All the equity asset classes were down for the month with the exception of emerging market equities. The biggest drop came from US REITs which dropped almost 10%. The other equity asset classes dropped anywhere from 0.5% to 5%.
Major transactions : sold off a portion of VWO (emerging market equity) and bought into VGSIX (US REITs).
Stumble it!
