Sector Weightings for 2021

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Hi Mat & Dan,
Not sure if you have already answered this question (I searched the website, but didn’t find anything); what are your respective sector weightings for 2021?
Thanks!

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Asked on February 3, 2021 1:19 pm
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Private answer

It's actually an interesting question!

Overall, I run around 60% dividend growth, 40% pure growth plays. I'm not the best person to look at in terms of sector allocations. For a couple of reasons. For one, I let growth plays ride out, especially if they're gaining momentum. So as you see right now, GDNP.V has caused my Basic Material exposure to balloon in my TFSA. At one point, my Tech and Transportation exposure would have been through the roof as well, because of significant gains in LSPD and TFII.

My RRSP is a little more consistent, because it consists of most of my DGI plays. But, allocations for me can fluctuate on a dime, because on the growth end of things I don't particularly worry about diversification. I'm just trying to grab the strongest growth play. Keep in mind, this is just strictly the allocations towards my overall equity portion. I own ETFs as well, ones that give me exposure out of Canada.

Keep in mind, I have a sizeable amount of capital tied up into real estate, including rental properties and my principle. This is why you won't find many REITs in my portfolio, and why I've opted to instead shift money to real estate over a taxable investment account. However, this will likely change in the future.

RRSP

tech - 20.1%
Transportation - 8.37%
telecom - 7.85%
Financial - 28%
oil and gas - 11.3%
materials - 5.2%
utilities - 5.44%
consumer cyclical - 2.35%
consumer defensive - 5.5%
cash - 6~

TFSA

basic materials (bloated by GDNP gains) - 22%
tech - 16%
transportation - 12%
telecom - 7.38%
finance - 20%
consumer cyclical - 12%
oil and gas - 5.42%
industrial - 5%
next to no cash

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Posted by Dan Kent
Answered on February 3, 2021 2:46 pm
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Private answer

It's actually an interesting question!

Overall, I run around 60% dividend growth, 40% pure growth plays. I'm not the best person to look at in terms of sector allocations. For a couple of reasons. For one, I let growth plays ride out, especially if they're gaining momentum. So as you see right now, GDNP.V has caused my Basic Material exposure to balloon in my TFSA. At one point, my Tech and Transportation exposure would have been through the roof as well, because of significant gains in LSPD and TFII.

My RRSP is a little more consistent, because it consists of most of my DGI plays. But, allocations for me can fluctuate on a dime, because on the growth end of things I don't particularly worry about diversification. I'm just trying to grab the strongest growth play. Keep in mind, this is just strictly the allocations towards my overall equity portion. I own ETFs as well, ones that give me exposure out of Canada.

Keep in mind, I have a sizeable amount of capital tied up into real estate, including rental properties and my principle. This is why you won't find many REITs in my portfolio, and why I've opted to instead shift money to real estate over a taxable investment account. However, this will likely change in the future.

RRSP

tech - 20.1%
Transportation - 8.37%
telecom - 7.85%
Financial - 28%
oil and gas - 11.3%
materials - 5.2%
utilities - 5.44%
consumer cyclical - 2.35%
consumer defensive - 5.5%
cash - 6~

TFSA

basic materials (bloated by GDNP gains) - 22%
tech - 16%
transportation - 12%
telecom - 7.38%
finance - 20%
consumer cyclical - 12%
oil and gas - 5.42%
industrial - 5%
next to no cash

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Posted by Dan Kent
Answered on February 3, 2021 2:46 pm