3 Comments

Mr. Picerno:

A question and a comment.

How can it be that G.B16.MVOL advances only 0.3 for the past week yet its benchmark (G.B16) goes up 1.4? This seems at odds since, if I understand it, only GCC is missing from G.B16.MVOL during this period.

I find the G.B16.MMD strategy, with its low volatility (6.9) and return (9.9) at 5 year interval, attractive when compared to its benchmark. Yet, the trigger to sell VTI at the week’s start, meant a substantial portion of the portfolio (25%) missed participating in VTI’s 1.9% advance. I appreciate it is foolish to gauge any strategy by a single week. Yet, strictly on an emotional level, this would be hard to stomach.

Thanks as always,

-Dan

Expand full comment