A.I.M. Users Bulletin Board

[The Grabber]

Hi Irwin:

I don't think LD-AIM is like 'AIM-Rebal'.

LD-AIM amplifies the Portfolio Control Value in such a manner as to allow for broader diversification constrained only by the number of consecutive transactions (on either the Sell or Buy side).

AIM-Rebal as I understand it, looks at relative values in a an AIM basket and calls for adjustments on a scheduled basis to bring those relative values back in 'balance'.

LD-AIM's keystone concept is that in a traditional AIM program, there is (as Lemonhead stated) a 'core' position purchased that one trades around. This 'core' position cost real $. LD-AIM just doesn't purchase this portion. But it does consider it as 'Virtual', so that one can trade around it in exactly the same manner. Classic AIM, Virtual core position.

Regards, Steve

Send me your email address and I will send you the spreadsheet.