CPM Investing LLC - Research and Investment Publications
SLEEVES
The sub-portfolios or "sleeves" can combined together or added to existing investment portfolios. Each sleeve rotates assets among its ETFs favoring the most resilient ETFs and avoiding the most vulnerable. By rotating assets in this way, you gain higher return and avoid some of the losses associated with the ETFs. Versions that do not use levered ETFs are available.
We use these sleeves to create the balanced portfolios for our individual subscribers.
Comparative Mixes
- The loss-avoiding sleeves are not benchmark sensitive. The "upper risk mix" represents the return of the portfolios assets held at constant weights at the maximum exposure to the risk asset.
- Comparative benchmark for the relative leadership sleeves is typically an equal-weighted mix of the assets included.