One of the strengths of the “ALL
IN or ALL OUT“ concept is to keep the choice of investment products
narrow and simple. They have to be liquid, transparent, cost efficient
and to cover highly integrated markets (Defining moment "Investment
product range”).
ALL IN signal
In
case of an “ALL IN” signal, an investor has 100% equity
exposure. To be broadly diversified, he can simply buy the iShares
MSCI AC World ETF. If an investor wants to make market bets, he
has the choice of investing in up to 15 markets and regions through
ETFs. The allocation depends on his risk appetite, market preferences
and individual risk/return ratios (Investment Process). These products
are
In case of an “ALL OUT” signal, an investor has 0% equity
exposure but has the choice of investing in various vehicles that
reduce market beta significantly. Depending on the investor’s
risk appetite, market and currency preferences, these products are
cash or