This should be illegal. If I was a hedge fund or mutual fund manager, I’d be thoroughly upset, but since I’m not, let me show you a unique and powerful advantage that exists for us individual investors.
You may be familiar with a new breed of ETFs that mimic top performing funds. For example, Global X Guru ETF (GURU) has outperformed the markets nicely in its young two-year life. This is possible because regulations require money managers with more than $100 Million in assets to disclose their holdings each and every quarter. It therefore makes it possible for GURU to assemble a basket of stocks which are the most commonly owned by a prescreened group of the most successful hedge funds. Their logic is sound, but you can execute it better.
I had employed a similar “back door” strategy for my own equity purchases over the years, but only with the release of my ChartPack did the full potential of this approach actually make a significant contribution to my profits.
In November of 2013, when the ChartPack was made available to StockCharts.com users, I included portfolios for the 40 Fidelity Select Sector Funds, as well as their top 10 equity holdings in each of these funds, as reported by Fidelity in the most recent quarter.
Here’s where the fun begins. In February of 2014, I updated the ChartPack as well as these 40 portfolios to reflect Fidelity’s most recent purchases and the new additions to their top 10 equity holdings for each of the funds. The transformational insights from this exercise struck me immediately. More specifics on this later.
In May of 2014 with Version 3.0, I once more updated the portfolios in the ChartPack to reflect Fidelity’s most recent purchases and sells as well. These fresh insights made it obvious to me that I had a tiger by the tail.
Continue reading "This Could Change Your Life! How You Can Mimic Wall Street's Best & Profit Handsomely:Part 1" »