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Following Momentum and Outperforming on the Downside

Natural Resources-Materials > NA

NWM Momentum Fund

AAWEX

Jun 6, 2018

One can outperform the market not by beating it on the upside, but in doing so on the downside. To avoid being caught in long downward moves, the NWM Momentum Fund switches between asset classes depending on the risk environment. Portfolio manager Timothy Ayles relies on a back-tested model that

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