War Memorial – Washington, D.C.
Franklin is one of three Sector BPI portfolios tracked here on the ITA educational blog. Investors interested in this model should follow the Carson and McClintock portfolios as well as this one. In addition, when there is a Buy or Sell recommendation based on Point and Figure (PnF) data, I post the information on the Forum. Check the Forum on a regular bases for up-to-date information.
No security changes are recommended at this point.
Franklin Security Holdings
Below are the current security holdings in the Franklin. VTI, RSP, SCHD, and SCHO are holding ETFs when the sector ETFs are filled based on the Sector BPI algorithm.
VOX and VDC are a tad under target, likely due to price changes since these ETFs were purchased several weeks ago.
Franklin Performance Data
Since 12/31/2021 the Franklin has outperformed the VOR benchmark by a wide margin and is a tad behind the S&P 500. Since moving the portfolio to the Sector BPI model the portfolio has performed much better. See the last screenshot.
Franklin Risk Ratios
The critical risk ratios (Jensen and Information) are higher than they were a year ago. The hope is that this trend will continue even if we see a major market drop.
Franklin Sector Performance Data
The following table lays out the performance of the Franklin since moving to the Sector BPI investment model. The Franklin is approaching the four-year mark and over this period the Internal Rate of Return is 33.1% while the S&P 500 ETF (SPY) is 21.3%. Both percentages are extremely high and I don’t anticipate we will see this kind of growth over the next four years.
In case you missed the very important blog posted yesterday, here is the link.
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