Some advisors have outsourced tactical asset allocation decisions to sub-advisors who run model portfolios using index funds and ETFs.
Oxford Economics built a unique global ranking model based on a weighted composite index to compare and benchmark employee diversity across countries, industries and occupations.
Using a simple model, which adjusts the Big Mac index for differences in countries' GDP per head and relative labour costs, gives the result that the yuan is now less than 5% undervalued.
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Foliofn's model portfolios, or "templates" are designed much like index funds --to represent statistically a category of stocks, not to identify the winners.
All of these off-shoot predictions supplement the official computer model used by the NCAA, which is called the Rating Percentage Index.
Following this model, you could invest your funds in Vanguard Total Stock Market Index Fund and Vanguard Total Bond Market Index Fund.
Vernon Sumnicht, chief executive of iSectors, says the hedge-fund index was always the internal benchmark for the Liquid Alternatives model, but that the firm that reports iSectors' returns to advisers and clients wasn't able to obtain full access to the hedge-fund index data until recently.
The returns from the alternative strategies were tested against the traditional index benchmarks before and after adjusting for the Carhart Four-Factor Model.
The "capital asset pricing model" identified one factor, beta, or a stock's volatility relative to the index, as pivotal to the stock's returns.
With model in hand, the question becomes how much of a position should one take in a small-cap value index fund?
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