Innealta Capital: Home
... Any investment is subject to risk. Exchange traded funds (ETFs) are subject to risks similar to those of stocks, such as market risk, and investors who have their funds invested in accordance with the portfolios may experience losses. Additionally, fixed income (bond) ETFs are subject to interest rat ...
... Any investment is subject to risk. Exchange traded funds (ETFs) are subject to risks similar to those of stocks, such as market risk, and investors who have their funds invested in accordance with the portfolios may experience losses. Additionally, fixed income (bond) ETFs are subject to interest rat ...
global fixed income necessary in well-diversified portfolios
... They need to diversify on a global basis, yet become more benchmark-agnostic in terms of what they focus on. There are solutions – unconstrained global fixed income portfolios, global credit hedge funds, and alternative income focusing on private debt. And it’s really important to be globally divers ...
... They need to diversify on a global basis, yet become more benchmark-agnostic in terms of what they focus on. There are solutions – unconstrained global fixed income portfolios, global credit hedge funds, and alternative income focusing on private debt. And it’s really important to be globally divers ...
6
... Another approach that has been taken is to incorporate downside risk directly into the asset allocation model. The optimal portfolio is then selected by maximising the expected return over candidate portfolios so that some shortfall criterium is met. Leibowitz and Kogelman (1991), and Lucas and Klaa ...
... Another approach that has been taken is to incorporate downside risk directly into the asset allocation model. The optimal portfolio is then selected by maximising the expected return over candidate portfolios so that some shortfall criterium is met. Leibowitz and Kogelman (1991), and Lucas and Klaa ...
Continuous-Time Mean-Variance Portfolio Selection with
... which coincides with the amount that he/she would earn if all of no less than x0 e 0 the initial wealth is invested in the bond for the entire investment period.R Clearly, this is T a reasonable assumption, for the solution of the problem under d < x0 e 0 r(s)ds is foolish for rational investors. De ...
... which coincides with the amount that he/she would earn if all of no less than x0 e 0 the initial wealth is invested in the bond for the entire investment period.R Clearly, this is T a reasonable assumption, for the solution of the problem under d < x0 e 0 r(s)ds is foolish for rational investors. De ...
Asset allocation in a low-yield and volatile environment
... properties of bonds should be carefully taken ...
... properties of bonds should be carefully taken ...
Introducing Expected Returns into Risk Parity
... However, the volatility risk measure has been criticized because it assumes that asset returns are normally distributed (Boudt et al., 2013). There are now different approaches to extending the risk budgeting method by considering non-normal asset returns. However, in our view, these extensions do n ...
... However, the volatility risk measure has been criticized because it assumes that asset returns are normally distributed (Boudt et al., 2013). There are now different approaches to extending the risk budgeting method by considering non-normal asset returns. However, in our view, these extensions do n ...
Small Cap Dividends: A Potential Path to
... expenses, correspond generally to the total return performance of the S&P® High Yield Dividend AristocratsTM Index. This ETF is subject to Sector Risk, Market Risk, Index Tracking Risk, Dividend Paying Securities Risk, Equity Investing Risk, Financial Sector Risk and Non-Diversification Risk. The an ...
... expenses, correspond generally to the total return performance of the S&P® High Yield Dividend AristocratsTM Index. This ETF is subject to Sector Risk, Market Risk, Index Tracking Risk, Dividend Paying Securities Risk, Equity Investing Risk, Financial Sector Risk and Non-Diversification Risk. The an ...
Recessions and balanced portfolio returns
... during past recessions does not imply that a 5% real return is assured or even reasonable to expect should a recession occur in the near future. Indeed, very deep and long-lasting economic contractions following a run-up in asset prices and leverage—for example, the so-called balance-sheet recession ...
... during past recessions does not imply that a 5% real return is assured or even reasonable to expect should a recession occur in the near future. Indeed, very deep and long-lasting economic contractions following a run-up in asset prices and leverage—for example, the so-called balance-sheet recession ...
performance analysis for the two-minute portfolio in both canadian
... In 1999, Rob Carrick, the Globe and Mail’s Personal Finance Columnist, dredged up an idea called the “Two-Minute Portfolio”. Carrick (1999) constructed two portfolios from December 31, 1998 by investing equal amount in the largest one or two blue-chip stocks in each of the S&P/TSX’s sub sectors. Bas ...
... In 1999, Rob Carrick, the Globe and Mail’s Personal Finance Columnist, dredged up an idea called the “Two-Minute Portfolio”. Carrick (1999) constructed two portfolios from December 31, 1998 by investing equal amount in the largest one or two blue-chip stocks in each of the S&P/TSX’s sub sectors. Bas ...
Investor Preferences and Portfolio Selection: Is Diversification an
... We focus on the current 30 components of the DJIA for both computational tractability and the prominence of the index in the investment arena. 6 The DJIA is very widely quoted in investment news and is among the most scrutinized indicators of U.S. stock market performance. It includes a wide variet ...
... We focus on the current 30 components of the DJIA for both computational tractability and the prominence of the index in the investment arena. 6 The DJIA is very widely quoted in investment news and is among the most scrutinized indicators of U.S. stock market performance. It includes a wide variet ...
Document
... components of a wider portfolio. For example, if the investments’ next-day returns were negatively correlated to their past-month returns, a portfolio rebalanced to fixed weights daily or monthly would capture a larger positive expected return than one rebalanced annually. 10 For example, if the inv ...
... components of a wider portfolio. For example, if the investments’ next-day returns were negatively correlated to their past-month returns, a portfolio rebalanced to fixed weights daily or monthly would capture a larger positive expected return than one rebalanced annually. 10 For example, if the inv ...
Charting A Course Towards Your Financial Goals
... 5. Our process is both “top-down” and “bottom-up” using the S&P 500 listed companies as our base. We begin with our macro economic view—both domestic and global. Based on where we are in the economic cycle, we apply sector weightings within the S&P 500. Economically sensitive sectors—i.e. industrial ...
... 5. Our process is both “top-down” and “bottom-up” using the S&P 500 listed companies as our base. We begin with our macro economic view—both domestic and global. Based on where we are in the economic cycle, we apply sector weightings within the S&P 500. Economically sensitive sectors—i.e. industrial ...
Chapter 6
... other hand, Repo Men is considered by many investors to be a hedge against both bad times and high inflation, so if the stock market crashes, investors in this stock should do relatively well. Stocks such as Repo Men are thus negatively correlated with (move counter to) the economy. (note: in actual ...
... other hand, Repo Men is considered by many investors to be a hedge against both bad times and high inflation, so if the stock market crashes, investors in this stock should do relatively well. Stocks such as Repo Men are thus negatively correlated with (move counter to) the economy. (note: in actual ...
Presentation Q2 Report August 26, 2016
... Number of brands is doubled to six Higher levels with significant lower risk Lower volumes in product largely compensated by others ...
... Number of brands is doubled to six Higher levels with significant lower risk Lower volumes in product largely compensated by others ...