ETF Trends says PDP might be A Right Place, Right Time Momentum ETF:
Recent data (and the Federal Reserve’s tapering announcement) indicate the U.S. economy is improving and the current economic expansion is maturing.
Assuming that the recovery is moving into late cycle stages, investors may want to consider momentum-based strategies.
“When positioning portfolios for mid to late cycle economic activity, the momentum factor historically had a stronger track record of performance than either small cap or value in generating return,” according to PowerShares, the fourth-largest U.S. ETF sponsor. “It appears that the maturity of the economic cycle may benefit companies which are showing price strength and are able to leverage economic conditions present in a mature economic expansion.”
Past performance is no guarantee of future returns. See www.powershares.com for more information.
