Julex Capital Both S&P 500 and Nasdaq Composite Indices reached new highs again last week. Investors are much more optimistic after a six-year bull market. However, investors are wary that a market correction could derail their financial plan even though most of them believe their investments will perform well in 2015, according to a recent survey conducted … Read more
Dr. Henry Ma, CFA, PhD, President and CIO of Julex Capital, was a panelist on a Morningstar Webinar on “Positioning Your Portfolio for 2015” on December 16, 2014. Following are highlights of some of the views shared by Henry during the webinar: Our 2015 economic forecast for U.S. growth is a bit more rosy that … Read more
According to the 2014 release of Dalbar’s Quantitative Analysis of Investor Behavior (QAIB), the average equity mutual fund investor lagged S&P 500 Index by a large margin over various investment horizons (see Table 1). Over last 20 years, investors would have earned 4.2% more annually if they had just bought a index fund and held … Read more
Bill Gross, the “bond king” of Wall Street, quit Pimco last Friday because of “fundamental differences” with the board of the $2 trillion firm he founded 40 years ago. He will join Janus Capital to become the portfolio manager of a newly-launched Unconstrained Bond Fund. Although Gross has been on the new headlines for months … Read more
After 5 years of a bull market, US Equities hit record highs again in the end of August as the S&P 500 index continues trading above the 2,000 level. As stock prices soar higher, their price/earnings ratios increase, making the stocks more “expensive.” Many analysts are currently paying more attention on “Cyclically-Adjusted Price/Earnings Ratio” or … Read more
BOSTON, MA – August 18, 2014 – Julex Capital Management, LLC, a managed ETF strategy firm offering innovative investment solutions that aims to deliver consistent returns in any market environment, today announced that its Dynamic Income Strategy achieved “Top Guns” status within the Informa Investment Solutions’ PSN manager ranking database at June 30, 2014. The … Read more
How to Pick a Tactical Manager? Tactical asset allocation (TAA) has come back in fashion recently. Investors were stung, badly, by the financial crisis of 2008. No one wants to go through an experience like that again, which has led to renewed interest in TAA. A new group of tactical managers called ETF strategists has … Read more
The Macro Opportunities Strategy invests equally in the Dyamic Munlti-Asset, Dynamic Sector, and Dynamic Income with two times leverage. It aims to outperform HFRI Global Macro Index with a low correlation with traditional asset classes. Its investment universe includes US equities and bonds, international equities, emerging market equities and bonds, real estates and MLPs. The … Read more
Despite the hiccup last week, the US stock markets are still flirting with record highs. Yesterday, Goldman Sachs has revised its year-end target for the S&P 500 to 2,050, up from the previous target of 1,900. Against the backdrops of the Fed’s highly accommodative monetary policy, strong corporate earnings, and improving job markets, Individual investors … Read more
Is Small Cap in Correction? Last week, the Russell 2000 Index had fallen 8.75% from recent peak of 1,208.65 reached on March 4. On May 15, the index once fell below 1,087.79 during intra-day trading, the 10% threshold of the widely-used definition of correction, two days after the Dow Jones industrial average and the S&P … Read more