ETF managed portfolios are investment strategies that hold more than 50% of assets invested in ETFs. A group of ETF Strategists package portfolios of ETFs into investment strategies to meet a wide range of investor demands, providing stand-alone investment strategies or a one-stop complete offering. Many portfolios can be adjusted to adapt to changing market conditions and most employ a rules-based process based on technical or quantitative factors.
Broadmeadow is run by President David Cabot and Chief Investment Officer Eric Biegeleisen, both of whom are alumni of Windhaven Investment Management, one of the largest ETF strategists.
Broadmeadow’s strategies include an enhance global commodity strategy that “seeks to outperform the S&P GSCI Total Return Index by investing primarily in global commodity-focused exchange traded products. This includes physical metals, commodity futures (both static and dynamic), and commodity-related equity exposures,” according to the company.
The firm’s enhance global equity strategy attempts to outperform by investing in U.S., developed and emerging markets ETFs. Broadmeadow’s fixed income strategy uses domestic and international treasuries, sovereigns, investment grade and high yield corporates, and floating rate note ETFs in an effort to top the JP Morgan Global Aggregate Bond Index.
ETFs used across F-Squared strategies include the iShares MBS ETF (NYSEArca: MBB), Technology Select Sector SPDR (NYSEArca: XLK) and the First Trust Emerging Markets AlphaDEX Fund (NYSEArca: FEM). [F-Squared Down, but not Out]