--- title: "Monthly Portfolio Notes" url: https://accuvestblog.com/category/monthly-portfolio-notes/ description: "All 10 archived Accuvest Global Advisors entries filed under Monthly Portfolio Notes." published: 2015-01-22 updated: 2015-01-22 --- # Monthly Portfolio Notes Published 2015-01-22 10 entries · April 8, 2014 to January 22, 2015 ## [January Portfolio Notes](https://accuvestblog.com/2015/01/22/january-portfolio-notes/) January 22, 2015 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) This month in the country ranking portfolio notes we take a look back on 2014, where we saw a wide range of country performance. Also, we dive into the January model and provide some commentary on how USD strength has… Issue attachment (not archived) Read the January Country Portfolio Notes here country-portfolio-notes-1-20151.pdf [Read this entry](https://accuvestblog.com/2015/01/22/january-portfolio-notes/) ## [December 2014 Country Rankings](https://accuvestblog.com/2014/12/09/december-2014-country-rankings/) December 9, 2014 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) Notable Moves to the Upside… Spain… moved from an underweight position to a neutral weighting. Valuation metrics and fundamentals both showed improvements in November. Spain has the highest growth in EPS over the last year and has the 4th highest… Issue attachment (not archived) Read the full Country Ranking here. country-portfolio-notes-12-2014.pdf [Read this entry](https://accuvestblog.com/2014/12/09/december-2014-country-rankings/) ## [November 2014 Country Rankings](https://accuvestblog.com/2014/11/12/november-2014-country-rankings/) November 12, 2014 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) Notable Moves to the Upside… China… moved back to the top of the rankings after showing improving risk and valuation. They are now the cheapest country in the model. China has a forward P/E of 8.8 and a Growth to… Issue attachment (not archived) Read the full Country Rankings here. november-rankings.pdf [Read this entry](https://accuvestblog.com/2014/11/12/november-2014-country-rankings/) ## [October 2014 Country Rankings](https://accuvestblog.com/2014/10/14/october-2014-country-rankings/) October 14, 2014 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) In October, value countries have continued to underperform the market and have been a significant drag on country selection. Meanwhile, Latin America took a huge step back as Brazil was down -19.22% on the month, showing a significant turn in… Issue attachment (not archived) Read the full Country Rankings here. country-portfolio-notes-10-2014.pdf [Read this entry](https://accuvestblog.com/2014/10/14/october-2014-country-rankings/) ## [4 Countries to Focus on in September](https://accuvestblog.com/2014/09/11/4-countries-to-focus-on-in-september-country-ranking/) September 11, 2014 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) Heading into September, we think that the 4 countries listed below warrant extra focus. Our complete list of country rankings can be 3 Points to set the Global Landscape Latin America is picking up momentum as we head into the… Issue attachment (not archived) downloaded here country-portfolio-notes-9-2014.pdf [Read this entry](https://accuvestblog.com/2014/09/11/4-countries-to-focus-on-in-september-country-ranking/) ## [4 Countries to Focus on in August](https://accuvestblog.com/2014/08/13/4-countries-to-focus-on-in-august/) August 13, 2014 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) Heading into August, we think that the 4 countries listed below warrant extra focus. Our complete list of country rankings can be 3 Points to set the Global Landscape Developed Europe has been a drag for investors who were chasing… Issue attachment (not archived) downloaded here country-portfolio-notes-8-20141.pdf [Read this entry](https://accuvestblog.com/2014/08/13/4-countries-to-focus-on-in-august/) ## [4 Countries to Focus on in July](https://accuvestblog.com/2014/07/09/4-countries-to-focus-on-in-july/) July 9, 2014 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) Heading into July, we think that the 4 countries listed below warrant extra focus. Our complete list of country rankings can be 3 Points to set the Global Landscape For the first time in over 20 years, the range of… Issue attachment (not archived) downloaded here. country-portfolio-notes-7-2014.pdf [Read this entry](https://accuvestblog.com/2014/07/09/4-countries-to-focus-on-in-july/) ## [June 2014 Country Rankings](https://accuvestblog.com/2014/06/09/june-2014-country-rankings/) June 9, 2014 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) Through the first 5 months of the year, country returns have been tight. The MSCI ACWI Index is up 4.22% this year and the average country is up 6.08%. Emerging markets are gaining momentum. Over the last 3 months the… Issue attachment (not archived) June Portfolio Notes accuvest-country-portfolio-notes-6-2014.pdf [Read this entry](https://accuvestblog.com/2014/06/09/june-2014-country-rankings/) ## [May 2014 Country Rankings](https://accuvestblog.com/2014/05/12/may-2014-country-rankings/) May 12, 2014 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) This month, Spain and Italy dropped slightly in the model and were replaced by Germany in the top six. However, China and the United States maintained their positions at the top of the model. This year, value factors, which have… Issue attachment (not archived) May Portfolio Notes country-portfolio-notes-5-2014.pdf [Read this entry](https://accuvestblog.com/2014/05/12/may-2014-country-rankings/) ## [April 2014 Country Rankings](https://accuvestblog.com/2014/04/08/april-2014-country-rankings/) April 8, 2014 · by [David A](https://accuvestblog.com/author/accuvestblog/) · Filed under [Monthly Portfolio Notes](https://accuvestblog.com/category/monthly-portfolio-notes/) This month, some emerging markets had a strong performance while the three largest constituents in the MSCI ACWI Index stalled. Latin America, which was down -20.82% over the last 12 months, had a great month up 8.82%. While some European… Issue attachment (not archived) April Country Portfolio Notes country-portfolio-notes-4-2014.pdf [Read this entry](https://accuvestblog.com/2014/04/08/april-2014-country-rankings/)