ETF Managed Portfolios,
Thematic Equity Portfolios,
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& Sub-Advisory Services

3 Reasons why markets are in a bit of a melt-up phase: Jackson Hole was incrementally dovish on Friday Stark underperformance of hedge funds YTD (we think they will need to chase to minimize their performance drag; see chart below) Positioning was too defensive in recent months We believe there is another leg up in the inflationary assets. Astoria likes playing this reflation theme via our Inflation Sensitive ETF Portfolio which provides exposure to Cyclical stocks Commodit

Astoria has recently created a new section of our website; this will allow you to download all of our Portfolio Fact Sheets, all of our Monthly Commentary reports, our portfolio risk characteristics, factor tilts, and much more. This new section of our website is called Astoria's Portfolio Solutions & Tools. It is only available to our clients. If you are interested in Astoria's portfolio solutions and gaining access to this valuable tool, please reach out to Greg Sanderson b