Opinions
Michael Bowman
Purpose Tactical Hedged Equity
PHE-T
TOP PICK
May 13, 2014
$22.820
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
Basically 70 US companies and is Rules-based so they are value, high quality companies. The portfolio is hedged with US futures and the hedge is based on 10 moving averages and they all have a different value. This ETF will be either 25%-75% net Long. Will be a very, very interesting product, especially now if we are looking for some sort of market correction.