Global Trendfollower ETF

The investment logic and allocation follows a pure mechanical algorithmic investiment decision, based on intercorrelated trend patterns. The investment universe is defined in a subset of ETF, ETN and ETC. The portfolio is constantly invested in 10 different securities and rotates them on a regular basis driven by the algorithmic output and ranking. In special market adverse situations the portfolio can go to Cash (directly or indirectly via liquid ETFs). In this case the Portfolio can be holding less than 10 positions. Securities normally are hold by a mininum investment time of 1 month. There is no maximum investment time per security. On Average securities are hold from 1 to 5 months.