No investment structure has justifiably generated more interest over the past decade than the exchange traded fund. Its growth has been staggering, in part because of its ability to provide investors access to virtually every investable asset class in a very efficient manner. Furthermore, no investment strategy has produced more interest in recent years than global macro strategies because of their mandate to seek out the best investment opportunities wherever they may be found in the world.
A year ago, we released a white paper on our unique, Monte Carlo-based testing process which detailed the exceptional returns delivered by a relative strength-based asset class rotation strategy. That paper applied our testing process to a universe of exchange traded funds.
We are now re-releasing Relative Strength and Asset Class Rotation, updated with data through 2010 (Click here to access). Additionally, the paper now includes an appendix which provides supplemental information about different relative strength factors.
Testing, such as is detailed in this white paper, has provided the insights needed to develop our Global Macro portfolio. Click here to receive our brochure.
