8/29/25 - Beechhurst Capital Advisors LLC Asset Allocation Model Update

After running our model and completing our analysis, we have made a small alteration to our model portfolio’s asset allocations. Here are the current allocations:

• VTI - 60%

• IAU - 15% —> up from 10%.

• IBIT - No allocation

• VNQI - 10%

• VXUS - 10%

• Cash - 5%

Here are our research notes for the week.

For the week, IAU was the best performing ETF in our model with a gain of 2.62% and IBIT was the worse performer with a loss of 2.29%.

There were no changes to note in any of the equities, fixed income and real estate ETFs included in our model. It is important to note that September and October tend to be seasonally weak months and there could be higher volatility seen during this period, depending on the news and the Fed.

Our broad commodities ETF (PDBC) saw no changes while gold (IAU) was the star of the week as it is close to breaking out to a new high after a multi-week consolidation. Markets are looking forward and are forecasting a combination of interest rate cuts and higher inflation, which is helping IAU to break higher from its recent consolidation. Bitcoin (IBIT) was the worse performer of the week, with the price of the ETF making a definitive break of the 10 week simple moving average. Since the purpose of IBIT is to add alpha to the portfolio and it’s a volatile ETF, we use a 10 week simple moving average and a gradient score as our line in the sand. We increased our exposure to gold (IAU) and added an allocation to cash while moving our exposure to IBIT to zero. We will re-evaluate of exposure to IBIT over the coming weeks.

That’s all for now. We hope you all have a wonderful holiday weekend and as always, be well and stay safe!