NUWEALTH’s 2020 ETF PORTFOLIO RESULTS - Dec 31, 2020
$5,904
18% GAIN in 2020!
NuWealth’s Core ETF Portfolio (CEP) closed 2020 at $5,904, up $904 (18%). The S&P 500 ended the year at a new All Time High (3756) and the S&P 500 benchmark portfolio against which we compare CEP’s performance ended 2020 up 20%.
WHAT IS THE CORE ETF PORTFOLIO?
NuWealth CEP’s primary goal is to generate a short-term return of 3% to 5% within 3 months, while mirroring the longer-term returns of the typical moderate risk 401(k) mutual fund portfolio. The CEP is a combination investment in which we allocated $5,000 between SPY (75%) and AGG (25%) - 2 of the most heavily traded Exchange Traded Funds (ETFs) on the market. SPY is an equity ETF that tracks the S&P 500 index. AGG is a fixed income ETF that tracks the Barclays U.S. Investment Grade Bond Index.
IS THERE A MINIMUM OR MAXIMUM PORTFOLIO HOLDING TIME?
Suggested minimum of 3 months. No maximum. CEP can yield attractive short-term returns, but can also be held as a long-term investment. When viewed over a 5-year period, a $5,000 CEP investment made in 2015 would be worth $8,098 today, a gain of over 50%.
