October saw the Northern European Countries on average beating the EAFE Index again. This month it was 0.82% having lagged in August and September by 0.42% and 1.15% respectively.
July, however, saw these same Northern European countries beating the EAFE Index by 3.8%. They also outperformed the EAFE Index during the second quarter of 2013.
Again, boosting asset allocation returns by selecting specific countries is often the best 7 out of 12 months. October was one of the 7.
Follow David John Marotta:
President, CFP®, AIF®, AAMS®
David John Marotta is the Founder and President of Marotta Wealth Management. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. In addition to his financial writing, David is a co-author of The Haunting of Bob Cratchit.
Follow Austin Fey:
Austin Fey is a Wealth Manager at Marotta Wealth Management, specializing in charitable giving and asset allocations. She is a regular contributor to our Marotta On Money articles, often giving advice to those just getting started in finance.