How one pension manager divvies up an index-sensitive portfolio.
Investors go small and international
Pining for a little Russia or Turkey or Eastern Europe in one easy ETF trade? Or maybe you've been after a slim ETF focusing on some Japanese banks, but can't find one? It can't be done- at least not yet-in the US, but ETFs covering those markets are available on European and Japanese exchanges. The problem for the US-based investor has been the high cost and inconvenience, to say the least, of gaining access to those markets.
Six years ago, when Huntington National Bank considered adding an index fund to its stable of mutual funds, Paul Koscik, a Huntington vice president, wanted something a little different than your average Standard & Poor’s 500 index fund. He thought a fund that strategically rotated among equity asset classes based on technical and fundamental analysis— and used ETFs to do so—would be able to beat the S&P 500.
ETF-only portfolios designed for average investors