Model Portfolio crees:10STX

This is a commentary from Marketocracy on Chris Rees' 10STX model portfolio

In highly uncertain times like we have today, we prefer to follow the moves of the mFOLIO Masters and m100 members that have proven to be much better indicators of when it is a good time to be in or out of the market. mFOLIO Master, Christopher Rees (crees) is one of them.

Rees' model portfolio, 10STX has averaged a return of over 29% per year for almost 8 years and as of today is up 2% YTD and ahead of the market by 20% for the year. Perhaps even more impressive is the fact that he delivered those returns while maintaining an average of 21% of his portfolio in cash. You can see by the chart below that there are times when he is 100% invested and times when he is mostly in cash.

Last week, Chris went from 36% in cash on Monday, September 15th to just 14% on Friday, September 19th. When one of our best mFOLIO Masters moves from a defensive position to a more aggressive position and has demonstrated a great track record of making the right call over the last 8 years, we pay attention.

In the chart above, Chris' cumulative return for his 10STX model portfolio since inception of 10/12/00 is shown as the GREEN line with the cumulative return of the S&P 500 Index with dividends reinvested over the same time period shown as the BLACK line. The cumulative return values are listed on the far right vertical axis. The percentage of the portfolio in cash is shown in BLUE SHADE with the values shown on the far left vertical axis. The average cash position over the entire 8 years is shown as the ORANGE line.