Profunds index and sector trading

[Tom K]

Nasdaq Intermediate Index performance

I've been tracking the performance of this model real-time since 10/31/02 through timertrac.com . This is an equity asset allocation/timing model, so positions are percentages of long, short, and cash. Unfortuately, timertrac doesn't provide COMPQ data, but I've listed the performance of the model against the available indices. I think the performance is pretty solid considering the low risk approach; seldomly 100% long or 100% cash, rarely short with the max short position being only 20% for very a brief time. The goal of this model is to outperform the compq by 10 basis points per annum throughout a complete bull-bear cycle.


Real-time performance of the Nasdaq Intermediate Index from 10/31/02 to 5/19/03

 
             Buy & Hold     NII  Model      Difference 
 S&P 500      +3.95%         + 9.12%         +5.17% 
 NDX 100     +12.42%         +10.04%         -2.39% 
 RUT 2000     +9.32%         +14.65%         +5.33% 
 DJIA         +1.15%          +7.31%         +6.16%