The ETF Portfolio Strategist: 19 Dec 2021

Proprietary Strategies

Global Managed Drawdown (G.B16.MDD) finally had a winning week in relative and absolute terms. Is the strategy’s recent bias toward risk-off a timely switch that will start paying dividends for more than a week or two? If it is, it’ll be a change for the better from the usual routine of trailing the benchmark by a wide margin.

G.B16.MDD ticked up 0.1% la…