David McMillan

Alternatives and Absolute Return with ETFs

Thanks for the feedback Aquater and good selection in mentioning PRPFX.

Rather than a 'hodge podge concoction', the portfolio has been carefully crafted with a great deal of attention given to offsetting non-correlated asset classes, macro level themes and specialty plays managed using a top down economic forecasting approach.

By only managing 20 ETFs allows for a very simple model to be handled by our portfolio team and one that only requires reallocation on a quarterly basis. Inclusion of sectors only recently appearing in the ETF universe is also providing significant alpha to the composition in the first half of the year.

To provide greater detail on the specific weightings and recent modifications I can be reached off list at mcmillan@agilewealth.c...