BMO Mid Federal Bond Index

ZFM-T

(A Top Pick May 9/13. Down 5.16%.) Bonds didn’t do well. The taper talks and higher interest rates killed the bond trade. Bonds usually do well from May through until October.

You want to have a neutral portfolio for May and June, which is the most seasonally negative of the year. May to October is the period of strength for bonds (where you go when you sell in May and go Away). Hold through to October.