The entire position in the S&P 500 Information Technology ETF
$IUIT (+2,27%) was sold and specifically invested in McDonald’s $MCD (-1,09%) , PepsiCo
$PEP (+0,09%) and the L&G Global Quality Dividends ETF
$LDGL (+0,21%) .
The reasons for this decision:
• Less volatility: Following the sharp price increases in the technology sector, I would like to make the portfolio more defensive and reduce its exposure to highly valued tech stocks.
• More cash flow: The focus is shifting more toward regular dividend income rather than solely on price appreciation. The goal is a steadily growing monthly cash flow.
• Attractive valuations: In my view, both McDonald’s and PepsiCo are currently trading at attractive valuation levels. Both companies have strong brands, robust business models, and a decades-long history of rising dividends.
• Greater diversification: The L&G Global Quality Dividends ETF adds high-quality dividend-paying companies from around the world to the portfolio and ensures broader diversification.
• Reduced concentration risk: The technology sector now also has $IWDA (+1,04%) . This rebalancing reduces dependence on a few large tech companies and makes the portfolio more balanced.
For me, this is not a move away from technology—tech remains a significant component of the portfolio via the MSCI World. Rather, the goal is to broaden the portfolio, reduce concentration risk, and place greater emphasis on stable cash flow, quality, and predictable long-term dividend income .
