We have moved forward with portfolio changes after an evaluation following the announcement that TD Ameritrade has eliminated commissions on stock and ETF trading.
The XYIS investment team has been evaluating our current portfolio selections to determine what changes should be made and after consideration, we have made the decision to remove the COST portfolio and update the holdings of the CORE portfolio. The rationale for originally creating the COST portfolio was to provide a more cost-effective trading option for smaller, growing accounts. With the elimination of commissions, this alternative for small accounts is no longer needed. A full detail on trading rationales is below for your review.
These investment strategy changes, as well as the implementation plan, are guided by our investment philosophy of providing straightforward, prudent and cost-effective portfolios. While we do not foresee making frequent changes to our portfolios, we will continue to monitor and make appropriate changes in response to the market environment. Please do not hesitate to contact me should you have any questions.
Please let us know if you have any questions at firstname.lastname@example.org.