As we approach the final quarter of the year, our Q4 Trade Memo offers a detailed look at our strategic moves to align with current market trends and position your portfolio for the opportunities of 2025. The recent U.S. election cycle has provided some market clarity, allowing us to act decisively on portfolio adjustments that can capture growth while managing risk. In this memo, we share our approach to increasing our overweight position in U.S. stocks with strong momentum, introducing a tactical allocation to gold, and recalibrating bond exposure to better balance risk and reward.

Our strategy centers on key themes: capturing potential upside from a year-end rally, increasing exposure to resilient sectors, and utilizing gold as a diversifier. We’ve also made proactive adjustments in our fixed income investments to explore growth opportunities in higher credit risk bonds. This balanced, data-driven approach is designed to benefit from renewed economic activity, as businesses resume strategic plans post-election and economic indicators point to resilience without heightened inflation pressures.

The Q4 Trade Memo also highlights how we’re adapting to the Federal Reserve’s anticipated policy stance and shifts in global market conditions. With a focus on the evolving landscape, this update is both a reflection of our commitment to informed, agile portfolio management and a valuable guide for understanding the road ahead. We’re here to answer any questions and review your financial goals to ensure your plan is aligned with these new insights, so you’re well-positioned for what’s to come.

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