
The following selections were specifically chosen
to permit the investor to construct a portfolio, which provides both rising
and falling Market profitability.
Our 25 years of experience tells us that an
investment programme dedicated to exploiting only Bull Markets can result
in tragic consequences. Thus, various combinations of these allocations
can achieve varying degrees of effectiveness in
Bull or Bear Market phases.
We have coded the names of these firms to protect
our intellectual property until a Systems Licensing Agreement is established.
Below are four different data attributes of the three Managers over the
60 months ending 31 December 2000.
Positive Month Performance
(S&P @ 161.21)
|
|
Negative Month Performance
(S&P @ -78.07)
|
Manager UJ
Manager UP
Manager UA
|
274.94
190.41 297.01
|
|
Manager UJ
Manager UP
Manager UA
|
(108.12)
(225.31)
(131.96)
|
Performance during S&P
Negative Months
(S&P @ -78.07)
|
|
Cumulative Results
(S&P @ 214.36)
|
Manager UJ
Manager UP
Manager UA
|
(25.91)
137.20
15.69
|
|
Manager UJ
Manager UP
Manager UA
|
438.84 54.99
413.94
|

Based on the previously presented data attributes
and the charts, we can begin
to see how an investor's risk/return or market orientation can be embodied
with certain combinations.
BIAS
|
MANAGER
|
RATIO
|
BULLISH
|
UA
/ UJ |
50%/50%
60%/40%
70%/30%
|
|
|
|
|
UA/UJ/UP |
50%/40%/10%
|
|
|
|
NEUTRAL |
UA/UJ/UP |
40%/40%/20%
or
50%/30%/20%
|
|
|
|
BEARISH
|
UP/UA/UJ |
50%/30%/20%
or
60%/30%/10%
or
70%/20%/10%
|
|