I hope you had a great holiday weekend and end of summer.
August was another strong month for performance. The SDVF outperformed the SPY, IWD and our direct competition GSRAX. In comparison the SDLV took another pause as growth and value were stronger than low beta. As in prior notes I still expect two more negative months in 2016 and will adjust the portfolios for Q4 based on how September performs. Next month I will give a detailed update on the Q3 positions.
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