So far this month, my Combined ETF Model is up 0.7% versus a loss on the S&P 500 of 1.4%. Not earth shattering performance but if I can beat the broad equity market by 2% or more per month, I will be in a very small group of investors. I have invested my own US funds based on the Combined ETF Model since I first published it here on this blog and I have to say that the broad range of ETF’s does sooth the nerves given that the drawdown is minimized. Following are the current positions held by the model:
The Combined ETF Model is a trend following system which uses leverage at a 2:1 ratio. Thus, if an account has $50,000 cash for example, I would borrow as much as $50,000 and invest it as per the model (i.e. as much as $100,000 could be invested at one time).
For now, I e-mail my Collective2 subscribers the trades for this model.
FJP
