StockPointer® US and ADR Model Portfolio Transactions – December 2019

We have rebalanced the Stockpointer® US and ADR model portfolios which are effective now. Here are the details for the US portfolio :

Ins:

1. Domino’s Pizza (DPZ) – Market Trend. Increase in the Consumer Discretionnary sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.
2. Cummins (CMI) – Intra-sectoral transaction. In the top of its sector.
3. Medical Properties Trust, Inc. (MPW) – Intra-sectoral transaction. In the top of its sector.
4. Western Union (WU) – Intra-sectoral transaction. In the top of its sector.
   
5. Dunkin’ Brands (DNKN) – Intra-sectoral transaction. In the top of its sector.
6. Constellation Brands, Inc. Class A (STZ) – Intra-sectoral transaction. In the top of its sector.

Outs:

1. TransDigm Group (TDG) – Market Trend. Decrease in the industrial sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.
2. Expeditors International (EXPD) – Intra-sectoral transaction. No longer in the top of its sector
3. Credit Acceptance (CACC) – Intra-sectoral transaction. No longer in the top of its sector.
4. T. Rowe Price (TROW) – Intra-sectoral transaction. No longer in the top of its sector.
5. Thor Industries, Inc. (THO) – Intra-sectoral transaction. No longer in the top of its sector.
6. Lamb Weston (LW) – Intra-sectoral transaction. No longer in the top of its sector.

Here are the details for the ADR portfolio :

Ins:

1. Megacable (MHSDF) – Market Trend. Increase in the Consumer Discretionary sector as seen in the Top 100 index, therefore, increasing our position in the portfolio.
2. Banco Santander Brasil (BSBR) – Intra sectoral transaction. In the top of its sector.

Outs:

1. Elbit Systems (ESLT) – Market Trend. Decrease in the industrial sector as seen in the Top 100 index, therefore, decreasing our position in the portfolio.
2. BBVA Argentina (BBAR) – Intra sectoral transaction. No longer in the top of its sector.