QAS MODEL PORTFOLIO PROGRAM ALERT
QAS S-132 US New Economy Selection Strategy returned +14.8% in 2023 as of 03-03-23 (YTD)
The US Stock market shows some signs of recovery in 2023YTD. According to QAS research, there is a strong case for a bottoming formation that potentially can lead to a full-scale rebound later this year.
As expected, the QAS US New Economy Stock Selection Strategy took a leadership position as soon as long and intermediate-term momentum turned up this year, way ahead of the benchmark (S&P 500 SPY). This strategy returned 14.8% YTD vs. 5.7% (SPY).
The current sector allocation within this portfolio is as following:
This portfolio consists of 20 long-only positions selected from a specifically crafted investment universe of the companies (US-based) that create a so-called “new economy” sector (new innovative/ disruptive industries and business models). The model is analyzed and rebalanced on a monthly basis to equal-weight allocation. These stocks that show deteriorating momentum parameters (according to QAS proprietary system) get replaced with stocks with improving positive momentum configurations.
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