Tactical ETF Portfolio Shift Commentary 03/11/2011

We are reducing exposure to high yield credit in favor of opening a new positioning in emerging market debt. In May 2010, we rotated from emerging market debt to domestic high yield based on relative valuations, strong corporate fundamentals and the magnitude of yield pick-up in high yield vs. emerging market debt.

  • DATE: March 11, 2011
  • TYPE: PDF

Featured Insights

No Featured Insights