diff --git a/riskparityportfolio/version.py b/riskparityportfolio/version.py
index 6a35e85..896a370 100644
--- a/riskparityportfolio/version.py
+++ b/riskparityportfolio/version.py
@@ -1 +1 @@
-__version__ = "0.3"
+__version__ = "0.4"
diff --git a/setup.py b/setup.py
index b219b13..c6d745b 100644
--- a/setup.py
+++ b/setup.py
@@ -4,7 +4,7 @@
 import setuptools
 import os
 
-__version__ = "0.3"
+__version__ = "0.4"
 
 # Prepare and send a new release to PyPI
 if "release" in sys.argv[-1]: