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Trading in financial markets involves significant risk of loss which can exceed deposits and may not be suitable for all investors.
Before trading, please ensure that you fully understand the risks involved
Trading in financial markets involves significant risk of loss which can exceed deposits and may not be suitable for all investors. Before trading, please ensure that you fully understand the risks involved

Portfolio Mix

Click on the dial to see the conservative, moderate & aggressive portfolio strategies.

Asset Allocation
10%
Equities
10%
Indices
10%
Forex
20%
Commodities
50%
Bonds
Note: This is for illustrative purposes only and there is no obligation to accept the asset allocation suggested by this tool
Instruments
Description
Trend
Trading Range
equites
ProShares S&P 500 Dividend Aristocrats ETF
Trend
Range 84.38-98.08
ProShares S&P 500 Dividend Aristocrats ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500 Dividend Aristocrats Index. The S&P 500 Dividend Aristocrats Index is a list of companies from the Standard & Poor's 500 Index (the S&P 500) that have a track record of raising their dividends for at least 25 consecutive years. The index is rebalanced quarterly in January, April, July, and October. The strength of the dividend aristocrats lies not just in their ability to continually increase dividend payments to shareholders, but also in their performance. These companies have historically out-appreciated the S&P 500; dividend aristocrats yielded an average of 2.5% compared to approximately 1.8% per year.
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indeces
SPX 500
Trend
Range 3912-4378
SPX 500 is set for their biggest monthly advance since November 2020 on positive earnings and expectations of shallower Federal Reserve monetary tightening. Amazon and Apple which account for ~10% of the S&P 500, rose in premarket trading by 11.95% and 2.4% respectively, after Apple’s revenue and earnings beat Wall Street’s expectations while Amazon outpaced analysts’ estimates on sales and issued an upbeat outlook for the rest of the year. Signals from Apple and Amazon, and other companies (like Alphabet and Microsoft, payments firms and auto maker Ford), support the view that the consumer is healthy while supply chain woes could be easing.
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forex
USD/JPY
Trend
Range 127 – 141
The Japanese Yen made a strong reversal and comeback in last month's trade with gains of 1.20% against the dollar. Most of the gains were because traders trimmed back bets on aggressive rate hikes by the US Fed. Post the dovish outcome from the latest FOMC meeting, the futures markets are pricing in a peak of US interest rates by this December, as compared to earlier estimates of June 2023. This narrative bodes well for the Japanese yen as it was the prime candidate for shorting against the dollar owing to the yield differentials. Moreover, the gap between the US 10-year and the Japanese 10-year equivalent has narrowed over the last couple of sessions, as slower US economic growth pushes the US yields lower. One more factor that could be supportive of the Japanese yen is its allure as a safe haven asset during periods of US recession. The latest release of US quarterly GDP data has confirmed that the US economy has entered a recession.
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commodities
Gold
Trend
Range 1695-1842
Gold is up 5.8% since the past two weeks, amid speculation that the Federal Reserve will slow the pace of interest rate hikes as the US economy slows down. The metal hit a three-week high of $1768 on 29th July, supported by a weaker dollar and declining Treasury yields. Despite this week's 75 basis point rate increase by the Fed, data indicating that the US is technical-ly in a recession suggested that the central bank would tone down its approach to combat inflation. The futures markets are pricing a peak of US interest rates by this December, as compared to earlier estimates of June 2023. The metal has broken above the psychological resistance level of $1750 and is now testing the next resistance near $1770. A move above $1770-80 will open doors to the psychological level of $1800. However, for the metal to climb steadily, investors need to stop pulling out of gold-backed ETFs. Data showed bullion-backed exchange-traded funds were set for the biggest outflow in July since March 2021 with total holdings sliding to 101.30 million ounces. On the downside, support is seen near $1750, followed by $1730-35 and $1695.
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bonds
iShares Core U.S. Aggregate Bond ETF
Trend
Range 101.32-107.20
iShares Core U.S. Aggregate Bond ETF (AGG) is one of the 10 largest ETFs on Wall Street and one of the most popular fixed-income options. This fund offers broad exposure to U.S. investment-grade bonds, including Treasury bonds, agency mortgage debt from government-backed entities like Fannie Mae and Freddie Mac and corporate bonds from highly-rated firms like Bank of America Corp. (BAC). There is built-in diversification and a focus on lower risk. AGG also offers a scale and liquidity that appeals to investors as the fund boasts almost $67 billion in assets and regularly trades north of 3 million shares each day.
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iShares iBoxx $ Investment Grade Corporate Bond ETF
Trend
Range 109.12-119.58
The iShares iBoxx $ Investment Grade Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds. There are slim chances for the fund’s top issuers such are Goldman Sachs Group (GS), Bank of America (BAC) or Apple (AAPL) to disappear in the next year or two, making this fund much less risky. The average duration of the fund is 9 years and the rate flattening at the longer end of the yield curve could give a boost to the price increase.
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iShares iBoxx $ High Yield Corporate Bond ETF
Trend
Range 75.86-80.18
iShares iBoxx High Yield Corporate Bond ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds. Markets anticipate a recession could be mild as the Federal Reserve signalled that it could lighten up on interest rate hikes later this year. This is likely to keep bond prices buoyed as the top and bottom lines of the companies included in the index will be impacted positively.
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Vanguard Short-Term Corporate Bond Index
Trend
Range 74.5-79.3
Vanguard Short-Term Corporate Bond Index is a compelling option for exposure to short-term investment-grade corporate bonds. VCSH offers only short-term bonds with an average duration of 2.8 years across the roughly 2,300 individual bonds in the portfolio. Chances are pretty low that firms like Goldman Sachs Group (GS) or Apple (AAPL) that make up this fund will disappear in the next year or two, so that makes this fund much less risky.
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Data Source: Bloomberg
Date: 2nd August, 2022

Arun Leslie John
Chief Market Analyst

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The product and investment ideas do not consider the risk profile and financial position of the recipient and may not be suitable for everyone.
Trading in financial markets involves a significant risk of loss, which can exceed deposits. Please read the complete disclaimer carefully.
DISCLAIMER: Century Financial Consultancy LLC (“CFC”) is Limited Liability Company incorporated under the Laws of UAE and is duly licensed and regulated by the Emirates Securities and Commodities Authority of UAE (SCA). This information is for illustrative proposes only and must not be construed to be an advice to invest or otherwise in any investment or financial product. CFC does not guarantee as to adequacy, accuracy, completeness or reliability of any information or data contained herein and under no circumstances whatsoever none of such information or data be construed as an advice or trading strategy or recommendation to deal (Buy/Sell) in any investment or financial product. CFC is not responsible or liable for any result, gain or loss, based on this information, in whole or in part. Please refer to the disclaimer section of the website for full disclosure of the terms and conditions.
Risks & Assumptions
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The strategy might suffer from look-ahead bias which occurs due to use of information or data in a study or simulation that would not have been known or available during the period being analyzed. This can lead to inaccurate results in the study or simulation.
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Future price movements may not be exactly the same as the historical price movements and this could lead to variation in performance.
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Testing can sometimes lead to over-optimization. This is a condition where performance results are tuned so high to the past they are no longer as accurate in the future.
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The model assumes no slippages in trading. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed.
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Drawdowns in actual trading can be higher than the tested system and loses could significant in the event of leverage.
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Unforeseen events can lead to variation in performance from the tested trading strategy.
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The tested result has been computed with price feeds available from Bloomberg.
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The testing environment has not considered transaction or any other costs.
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Trading indicators used for the purpose of testing has been provided by Bloomberg.
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The strategy might suffer from data mining fallacy, selection bias and backfill bias.