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International Stocks Awaken, Boosting the Case for This Portfolio


International Stocks Awaken, Boosting the Case for This Portfolio
April 9, 2021
With international stocks delivering in the first quarter and showing signs of a longer-lasting trend, broad approaches such as the WisdomTree Strategic Model Portfolio could serve clients well.
“This model portfolio is designed for growth-oriented investors with a long-term horizon looking to maximize long-term potential for capital growth through a globally diversified set of equity and fixed income ETFs. The model portfolio strives to deliver performance in excess of an 80/20 combination of a broad-based global equity benchmark and a U.S. aggregate bond index,” according to WisdomTree.
A perk of this model portfolio is that spans geographies and market capitalizations, including both developed markets and emerging economies. It’s also levered to some of the sectors leading the ex-U.S. equity resurgence. ....

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The First Quarter in International Stock Funds


International equities continued to rise in 2021’s first quarter, though at a slower pace than in 2020’s final frame when optimism about coronavirus vaccine approvals fueled double-digit gains. As the global vaccination effort ramped up, The Morningstar Global Markets ex U.S. Index reached a record high in mid-February and finished the quarter up 3.8%. It lagged its domestic counterpart, the Morningstar U.S. Market Index, which gained 5.5%.
Energy and financials the hardest-hit sectors in 2020 led the way. The Morningstar Global Energy Index and Morningstar Global Financial Services Index posted the largest gains of 18.8% and 11.1%, respectively, as energy prices recovered from lockdown lows and the yield curve steepened. Gains in other sectors were more modest, with consumer staples and healthcare edging into the red. The once high-flying tech sector showed signs of coming back down to earth, with the Morningstar Global Technology Index gaining just 0.9% versus 16.9% in ....

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