FMD Capital Management

Growth Investing

Taking Stock Of International ETFs After The Sell Off

Written by David Fabian, October 09th, 2015

Exchange-traded funds (ETFs) that track international markets started the year with tremendous promise that ultimately lost ground to a host of fundamental concerns. Despite the best efforts of the European Central Bank to stimulate economic growth through quantitative easing programs, both developed and emerging markets overseas have seen momentum vanish in 2015. Read more

Consumer ETFs Preserve Gains Despite Volatile 2015

Written by David Fabian, October 06th, 2015

No matter where we close out the year, stock market investors will remember 2015 as one of the most volatile years since the 2008 financial crisis. In August, the broad-based SPDR S&P 500 ETF (SPY) entered a correction by declining more than 10% from its all-time high. This in turn triggered massive outflows from stock-related ETFs and mutual funds as investors sought shelter in the form of cash and bond equivalents.

Yet despite this concerning drop, several sectors of the market have been able to maintain their leadership positions and remain in positive territory for the year. Both consumer discretionary and consumer staples companies have been able to outperform the market in 2015, albeit in very different ways that bear closer examination.

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Introducing The Flexible Growth and Income Report

Written by Michael Fabian, September 25th, 2015

After many months of listening to our blog readers, clients, and do-it-yourself investors, we have finally rolled out a product that we believe can add value to your existing investment process.  We are calling it the Flexible Growth and Income Report and it’s designed specifically for investors that enjoy managing their own portfolio but also need additional research, guidance, and investment selection assistance. Read more

6 ETFs For Growth and Value Purists

Written by David Fabian, September 22nd, 2015

Typical benchmarks such as the iShares S&P 500 ETF (IVV) contain a blend of both growth and value companies that are based on characteristics of the companies that comprise the index. A blended mix can create better overall diversification for most ETF investors, yet may not serve the needs of those that are looking to incorporate a specific style or avoid certain sectors.

To address this need, the iShares S&P 500 Growth ETF (IVE) and iShares S&P 500 Value ETF (IVW) contain large-cap companies within the bellwether index that have been designated with a growth or value style. Not surprisingly, the growth index is chocked full of technology, health care and consumer discretionary names. Conversely, the value ETF is loaded with financial, industrial, and energy companies.

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The Interest Rate Pump Fake

Written by Michael Fabian, September 18th, 2015

The double edged sword of the Federal Reserve’s interest rate policy is rearing its ugly head this morning as investors identify the true psychological meaning of a continuation of the status quo.  The persistent dovishness points to a potentially weaker economy than most market participants were hoping for, which doesn’t sound so great, even though low interest rates could continue to spur growth into year-end.  Read more