Performance | Tactical ETF
Tactical Long/Short is a proprietary equity strategy that seeks to generate capital appreciation in rising and falling markets using two principal trades. The strategy uses technical trading indicators to actively trade the SPDR S&P 500 (SPY) and the ProShares Short S&P500 (SH). During periods when a trade signal does not indicate a trend in either direction, the strategy will signal investing in cash. The strategy is directional, positioning either long or short.
Tactical ETF Strategy – January 2015
A total return approach seeking to produce consistent returns in any market environment, while exhibiting less downside volatility than the S&P 500.
A quantitative approach combined with technical analysis. The strategy focuses on balancing a blend of 5 diversified ETFs from the Vanguard family, across major asset classes, comprising 70% of the portfolio. The strategy tactically trades the SPDR S&P 500 (SPY) and the ProShares Short S&P 500 (SH), taking a directional position with 20% of the portfolio. The remaining 10% of the portfolio may invest opportunistically, or invest in cash. The approach is for investors looking for a diversified total return strategy.
- Systematically traded to remove the emotional component from investment decisions.
- Flexibility to be long, short, or neutral on the market.
- Tactical approach to opportunistically capture return in any market environment.
- Takes a neutral position when no opportunity is signaled, e.g., cash.
- Employ quantitative and technical analysis in portfolio construction.
Monthly Performance (Net of Fees)
The Tactical ETF Strategy consists of both an ETF sleeve and a Tactical L/S overlay. Tactical Overlay Sleeve: The Tactical L/S overlay performance achieved for the period January 2013 to present are actual returns and were achieved while Mr. Lennil was affiliated with Elite Wealth Management, as he continues to make all investment decisions for all client accounts managed with Elite. However, the model performance shown for the period January 2007 through December 2012 were not actually achieved under Elite Wealth Management. While Mr. Lennil was the Chief Investment Officer with his prior firm, he managed this strategy. ETF Sleeve: The ETF sleeve performance presented are the actual net returns of accounts managed by Elite Wealth Management from January 2013 – Present. The ETF sleeve performance presented from January 2007 through December 2013 are based on model performance results that have certain inherent limitations. Due to market volatility, each account’s performance may be SEE IMPORTANT DISCLOSURE STATEMENT