User 219937

A Lazy ETF Portfolio Underweighting the U.S.

You can do a lot worse than following a brilliant mind like el-Erian's. I decided to make a similar examination, comparing also the Harvard 07 and Yale Models. Although your case el-Erian investment-substitutes may be correct, I used:

El-E 08 Symbol
15.0% VTI
15.0% VEU
12.0% VWO
9.0% BWX
5.0% BND
5.0% TIP
11.0% VNQ
11.0% DBC
7.0% PSP
10.0% CASH

100.0%

I was happy to see that my own portfolio strategy & investment selections vastly outperformed this ETF Model, but I wouldnt presume that the El-Erian's managers deliver the same performance.

Good luck with this!