At the end of its second week in operation the NWP Model Investment Portfolio generated a total return of 2.12%, matching S&P 500 Index returns for the week. Since inception the NWP portfolio has provided a return of .97% and the S&P 500 Index provided a return of 1.67% over the same period.
This week’s returns were mainly attributable to our positions in US equities, international and emerging market equites. Returns were offset by our positions in high-yield corporate, U.S. Treasury and municipal bonds.
In addition, our position in Real estate investment trusts (REIT) had a return of -1.97% this week, which also offset our gains in equities. REITs are securities that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages.
NWP Model Investment Portfolio
Week #2 (week ending 10/7/11)
Initial capital: $100,000.00
Ending value: $100,973.35
% Profit/loss (weekly): 2.12%
$ Profit/loss (weekly): $2,100.22
% Profit/loss (inception). .97%
$ Profit/loss (inception): $973.35
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NWP Model Investment Portfolio Update #2. @NetWorthProtect http://t.co/HRVLUOnt
Yeah, I have a REIT in my portfolio as well, and it’s down right now, but it’s also been my biggest gainer is the past. The beta is 1.8 I think. Good for the upside, not so good for the downside lol
I like the income generation that REITs provide given their tax structure, however I would not let them get bigger than 10% of my portfolio.
REITs have been down because many of them are paying their quarterly distributions. This drop is a pretty regular quarterly occurrence.