Are IA portfolios diversified?
Yes. Through the use of ETFs, the underlying individual stock holdings in any IA portfolio number in the hundreds. Additionally, these holdings are focused in the groups we believe are leading the market at any given time. IA strives to reduce the drag effect of low performers by selling them off in a timely manner. The result is a more productive form of diversification that focuses on the best groups within fixed income, styles, sectors, and regions.