FYI: -Principal has partnered with Nasdaq Dorsey Wright for the first time to launch the Principal NDW Factor Rotation model portfolio.
The dynamic factor portfolio, which is comprised entirely of Principal’s US Equity factor ETF lineup, aims to identify those factors that will perform well over the coming months. This is the first guided ETF model from NDW that utilizes both momentum and mean reversion, in an attempt to capture short-term continuation signals while simultaneously avoiding performance drag due to holding momentum names too long.
A total of six ETFs are considered for selection in the model portfolio, representing a diversified inventory of some of the most powerful style premia available to U.S. investors. This includes Principal’s US Mega Cap Multi-Factor (USMC), Sustainable Momentum (PMOM), Price Setters (PSET), Contrarian Value (PVAL), US Small Cap Multi-Factor (PSC), and Shareholder Yield (PY) ETFs. The model first went live on February 8.
Regards,
Ted
https://www.businesswire.com/news/home/20190226005831/en/Principal-Joins-Nasdaq-Dorsey-Wright-Dynamic-Factor
