I like to compare the performance of my market timing ETF models against similar professionally managed funds where possible. For my Canadian models which are based on Horizons Beta Pro S&P/TSX 60 Bull Plus ETF, the best fund available for me to compare performance against is the Horizons AlphaPro Managed S&P/TSX 60 ETF. According to the Horizons web site “Expert insight and research provided by Ron Meisels, President of Phases & Cycles Inc.” is used for this fund.
The AlphaPro Managed ETF was introduced early this year and since it started trading it has gained 10.0%. In comparison, my worst performing Canadian model this year, HXU/CMR, is up 22.3% which is more than double the performance of the professionally managed ETF over the same time period.
FJP
