I thought I'd take a post and update my asset allocation in my non-registered portfolio. Being a dividend growth portfolio it is no surprise that it is currently 34% financials. Several financial companies offer exceptional dividend growth histories, and sound, stable business models. Also it is not a surprise that my portfolio is very weak on commodities. Commodity producing firms in general do not really fit into my system of investing in dividend growing stocks when they are priced attractively. Companies whose earnings per share depend on the fluctuating price they are able to garner from their wares in the market tend to have less predictable earnings growth and thus less predictable dividend growth.
Currrently I have 64% of my capital invested in Canadian companies, while the remaining 36% resides in U.S. firms. See my asset allocation across sectors below: