PT  - JOURNAL ARTICLE
AU  - Paolo Sassetti
AU  - Massimiliano Tani
TI  - Dynamic Asset Allocation Using Systematic Sector Rotation
AID  - 10.3905/jwm.2006.614437
DP  - 2006 Jan 31
TA  - The Journal of Wealth Management
PG  - 59--70
VI  - 8
IP  - 4
4099  - https://pm-research.com/content/8/4/59.short
4100  - https://pm-research.com/content/8/4/59.full
AB  - The authors build on the insight that sectors perform differently from, and to a certain extent independently of, each other over the phases of the economic cycle to test heuristic investment rules of systematic sector rotation. Using 3 simple market-timing techniques on 41 funds of the Fidelity Select Sector family over the period January 1998–September 2003, the authors' approach always outperforms market returns.TOPICS: Mutual funds/passive investing/indexing, portfolio construction, security analysis and valuation, performance measurement