CMG AdvisorCentral

Tactical investing news, views and resources for financial advisors

Facing the Perils of High Yield

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ETF.comCMG Capital Management Group CEO Steve Blumenthal published a column for ETF.com today called A System For Facing Perils Of High Yield. The story begins:

“The high-yield bond market has been one of the great recovery stories since the scariest days of the financial crisis. It could become scary again when the Federal Reserve begins raising rates and investors should think through the coming challenges.

“Looking back, junk bonds became one of the emblems of that crisis, with prices of the index that underlies the iShares iBoxx $ High Yield Corporate Bond ETF (HYG | B-64) dropping 31.77 percent in just six months from June 1 to Dec. 1, 2008, according to data from Morningstar.

“Not many people had the guts to buy at the bottom, but those who did have more than doubled their money—an annualized return of 14.06 percent from Dec. 1, 2008 through April 2015. This rivals the S&P 500 Index’s annualized total return of 16.55 percent over the same period.” Related ETFs: HYG, JNK, BIL, SJB. See the full story in ETF.com.

Blumenthal On Price Momentum In ETF.com

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CMG Capital Management Group CEO Steve Blumenthal was interviewed by Cinthia Murphy of ETF.com at the Inside ETFs Conference in Hollywood, Florida. Here’s an excerpt of the story.

Price Momentum Key For Tactical ETF Investor

ETF.comOil has declined in a way no one saw coming. The trajectory of bond yields has surprised most for some time now. U.S. equity valuations are rich by most measures and suggest returns ahead will be muted at best. What’s an investor to do in an environment mired with curveballs?

Stephen Blumenthal, founder and CEO of CMG Capital Management Group, says going tactical is the only way to invest today, and that for a tactical investor, opportunities abound.

SB: “With oil, energy has not been in the leadership realm for some time. I had no idea oil would decline 50 percent; I don’t think anybody did. But what we did know was that it wasn’t the asset class to be in. There were better choices to be in that were exhibiting good performance and good leadership. REITs have been phenomenal. Utilities had a very good period. Consumer discretionary, although it hasn’t shown up yet at the top relative to our collection of assets, is doing OK.”

Read the rest of the story in ETF.com here.

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Blumenthal On Bloomberg ETF Report

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BloombergBusiness

CMG Capital Management Group CEO Steve Blumenthal was interviewed by Bloomberg Radio’s Catherine Cowdery at the Inside ETFs Conference in Hollywood, Florida, last week. The segment was just posted on Bloomberg Business.

Bloomberg Business launched last month to deliver business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News.

ETF Report Podcast. Hosted by Catherine Cowdery.

CMG’s Blumenthal on ETFs at Top of Momentum List (Audio)

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Russia ETFs Crumbling Blumenthal Tells IBD

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Investor's Business DailyCMG Capital Management Group CEO Steve Blumenthal is quoted in the Investor’s Business Daily story Russia ETFs Reel From Crumbling Ruble, Rate Hikes. Excerpt fom the story:

“Raising rates is an attempt to attract foreign investors to buy Russian bonds at 17%,” thereby shoring up the ruble,” said Steve Blumenthal, CEO of CMG Capital Management.

Top-Heavy In Energy

The fortunes of Russia ETFs are closely tied to oil and gas; energy stocks make up 40% of RSX’s portfolio. The highly concentrated RSX’s top 10 holdings include Novatek, Lukoil (OTCPK:LUKOY) and Gazprom (OTCPK:OGZPY).

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Blumenthal on ETFs In IBD

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Investor's Business DailyCMG Capital Management Group CEO Stephen Blumenthal discusses ETFs (Exchange Traded Funds) in IBD (Investor’s Business Daily) today. CMG is a leader in structuring ETF managed portfolios for advisors.

Steve was recently on a panel at the Morningstar conference in Chicago to discuss ETF managed portfolios and the markets.

Steve is often contacted by the financial press for comment on the markets and investments. IBD has a readership of 300,000+ monthly, and more than 3 million unique visitors per month.

See the full story in IBD: ETF Experts Cautious Amid U.S. Economic Strength. Excerpt below:

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CMG Pioneers ETF Tactical Strategies

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Number of ETF KurtosysCMG Capital Management Group is a pioneer in tactical investment strategies. CMG also manages some of the first tactical ETF strategies to be covered by Morningstar.

The new Morningstar ETF Managed Portfolios coverage includes CMG Opportunistic All Asset ETF Strategy  and CMG Tactical Rotation Strategy.

The Morningstar ETF Managed Portfolios universe encompasses 600+ strategies from 151 firms, representing $103 billion in assets.

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Blumenthal At Morningstar ETF Conference

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Steve Blumenthal, CEO, CMG Capital Management Group

Steve Blumenthal, CEO, CMG Capital Management Group

CMG Capital Management Group CEO Steve Blumenthal will be at the Morningstar ETF Conference in Chicago tomorrow through Friday.

Some of the ETF landscape’s sharpest minds will be on hand to help sort out the complexities, theories, and opportunities surrounding ETFs.

If you’re at the Conference catch Steve on a panel discussion. Steve joins Robert Smith, from Sage Advisory, and Morningstar moderator David Sekera on Friday, Sept. 19, 9:40 a.m. – 10:30 a.m. for Breakout Session 5, Managed Portfolios. Facing the Fed-induced Headwinds.

Follow the Conference on Twitter: #MStarETFUS.

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