A.I.M. Users Bulletin Board

[lrp42]

Hi Jack.....That is an interesting link.

One thing caught my eye in the information on the website.

"As a result, 200%/-200% benchmark tracking over a longer period is dependent upon the extent of compounding and the underlying benchmark volatility. To minimize these effects, longer-term investors should rebalance their HBP ETF holdings periodically"

The advise to rebalance periodically is similar to what a Constant Value or even an AIM strategy attempts to do. The movement back and forth between ETFs and cash is a form of rebalancing, IMO. What it is really saying is that these ETFs are definitely not buy-and-hold investments.

Best regards,

Ray