Viewing Opinion | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

2016-11-14

General Comment by Larry Berman CFA, CMT, CTA

Bias Subject Owned
UNKNOWN NORTH AMERICAN - LARGE & ETFs _N/A

Educational Segment.  Smart Beta ETFs.  First asset’s approach is to work with morning start.  They have been working on quantitative modeling with dates going back to the 1980s.  They created a screen.  They look for companies that are trading below net asset value and have growth potential.  They screen for companies with price momentum as well as earnings momentum while having value.  These two strategies since inception have extracted some of the better companies.  Over 2 years the two strategies together outperform 90% of the time and 100% of the time over 4 years.  VRX-T was in the momentum portion and was rebalanced on a quarterly basis and got trimmed back.  You could equal weight the strategies.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc. http://www.etfcm.com

No Comments.


You must be logged in to comment.