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Strategies & Market Trends : Fidelity Select Sector funds

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To: BJFW MD who wrote (631)1/4/1998 9:47:00 PM
From: Julius Wong   of 4916
 
Hi BJF,

From SuperFund site:

"The concept behind SuperFund is to use current computer technology to make above average money in the stock market while lowering our financial risk. We use mutual funds as an investment vehicle. We try to stay within the same fund family, which allows us to switch easily between funds and lowers our commission to almost nothing. The funds that we use in our trading model are chosen on their past performace, and switching-signals are generated based on relative strength (i.e. where the money is flowing). The system compares the funds within a group and simply switches to the best performing fund at a given time. "

They use relative strength. The major difference between SuperFund's relative strength and others is in the time period.

Julius
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