The model large cap global growth portfolio generated a return of 3.4% and closed out the year with a value of $149.76 USD.
For 2016, the DJIA returned 13%, the NASDAQ returned 7.5% and the S&P 500 grew by 9.5%.
2016 represented the first year in almost a decade where the portfolio produced both relative as well as absolute underperformance. This was due to an overweighting in investments that are based in Mexico and China as well as in US businesses that have the potential to be impacted negatively by a Trump presidency.
Depite this lower than hoped for return, few changes are envisioned to the overall composition of the account, at this nascent stage in the Trump doctrine.
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