The returns reported are gross of management fees and represent the returns of model portfolios only and do not represent the returns of any client. Individual account performance may differ materially from the representative performance history in this video, due to factors including but not limited to an account’s size, the length of time the strategy has been held, the timing and amount of deposits and withdrawals, the timing and amount of dividends and other income, trade execution timing and pricing, foreign exchange rates, and fees and other costs. This is not an official statement from Wellington-Altus Private Wealth (“WAPW”). WAPW cannot verify the accuracy of these performance numbers. Please refer to your official WAPW statement for your specific performance numbers.
EXECUTIVE SUMMARY – WELLINGTON-ALTUS PRIVATE WEALTH INC. JUNE 2025 MARKET UPDATE
In May, we trimmed 2% from Tesla (TSLA) and added to Goldman Sachs (GS) and Advanced Semiconductor Materials Lithography (ASML). TSLA has performed well over the last few years and we believe it will continue to do so; however, our position had become too large, so we trimmed some profits and used the proceeds to add to GS and ASML. Goldman should do well as the Trump administration aims to deregulate the financial sector and stimulate growth.
