In our latest video update, we review the action of the year, and the portfolio changes we implemented to position you for the "winds of change" in financial markets. Finally, we discuss the mixed bag of potential outcomes markets face in 2026, and our thoughts on markets as we enter a new year.

In the third quarter of 2025 we enjoyed a continuation of exceptional performance as the average portfolio has generated year-to-date returns of around 12.5% through October 20th.

A Highlight from the second quarter is the very successful round trip for our trend following strategy. After the initial tariff news our trend following strategies reduced exposure to stocks, mitigating significant stock market losses. A few weeks later, trend following picked up on new upward momentum in the markets and tilted back into a full allocation of stocks.

3Summit Investment Management Market and Portfolio Commentary

3Summit Investment Management - Market and Portfolio Commentary

https://refini.tv/39NEMmw